What do you know about R&D tax credits?

Like most people, you probably know very little about R&D. Regardless of the sector, any business is entitled to claim R&D tax relief on qualifying projects. Anything from developing or improving new products, to improving the sustainability of packaging will qualify for R&D tax relief.

The number of claims have risen year on year, with there being 48,635 claims for 2017-18 alone (data for this year is still incomplete and numbers are expected to increase). The final cost for 2017-18 is expected to be £4.950 million. The volume of claims made by SMEs is much larger than those under the large company and RDEC schemes, however the amount claimed by SMEs is generally lower in comparison.

How our service works

It’s simple. You refer your clients to us for their R&D claims, we begin the process and once the claim has been approved by HMRC and we receive our payment, you’ll receive your referral fee.

There are a lot of intricacies to R&D claims, and our specialist R&D team can do all the hard work for your clients. All you have to do is refer them. Whether your clients need a hand from start to finish, or just some guidance on the ins and outs of R&D, we’re here to help.

Helping you to help your clients

• Together, we can quickly and reliably work out if they have a claim.
• We will talk about your clients finance and tech to hunt down every qualifying R&D activity
• Our dedicated R&D account manager will work with you and your client to document each R&D activity and split out the qualifying costs.
• Once finalised, we’ll submit the claim to HMRC’s specialist R&D unit.
• Jeffreys Henry LLP is an ICAEW registered accountancy firm, giving you peace of mind of a robust R&D claim, with a 100% success rate and no multiple year contracts.