R&D Introducers

Claiming R&D tax relief in the UK can sometimes seem a bit daunting and a bit of a mystery, especially for professionals that have not done so before.

Jeffreys Henry provide an end-to-end service, making claiming R&D credits easy for you and your client.

We work with accountants, solicitors, independent financial advisors and other professional partners throughout the UK, helping their clients make the most of R&D tax relief.

Whatever the field your clients specialise in, there’s a good chance they’re one of the 90% of businesses which aren’t claiming the full credit they can receive for their advances. At Jeffreys Henry, we’re partnering with Introducers to ensure that credit is given where due.

We operate through a non-poaching agreement and ensure the confidentiality of each case.

£102,000

Average client claim

What would you do with an extra £102,000?

£1.1 million

Largest client claim

Over £100 million

Total R&D claimed by our
R&D tax specialists in recent years

research-and-development-cosmetics-skincare-makeup

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.

LEARN MORE ABOUT R&D

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.

We operate through a non-poaching agreement and ensure the confidentiality of each case.

research-and-development-vr-tech-virtual-reality-gaming

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.

WHY USE JEFFREYS HENRY?

✓ ICAEW regulated firm and established for over 120 years
✓ Significant R&D experience with dedicated and qualified R&D manager
✓ Over £100m in successful R&D claims in recent years
✓ No upfront fee
✓ Dynamic and competitive pricing
✓ No win, no fee
✓ Dedicated industry experts, R&D tax specialists and CTA qualified corporate tax team
✓ In-House industry specialists, including software/mechanical engineers, manufacturing experts and computer scientists
✓ Our qualified accountants and industry experts will review your financial records to maximise your claim
✓ attractive and uncapped commission for introducers
✓ On average, our enquiry rate by HMRC is less than 1%, meaning over 99% of claims are approved on submission
✓ Where HMRC opens an enquiry, our fee covers all of our professional time and costs in handling an investigation (which can be significant)

ATTRACTIVE AND UNCAPPED COMISSION

We offer an attractive and uncapped commission
payable each year we submit a successful R&D claim. Contact us for more information.

PARMINDER CHATTHA

Partner - Corporate and R&D Tax

Parminder specialises in Research & Development Tax Credits, leading the R&D department at Jeffreys Henry. Since joining the Firm in 2015, he has been working closely with both SMEs and large businesses to analyse and maximise their Research and Development claims. He has so far secured over £100 million in R&D tax relief and credits for our clients.

KATE GREENHOUGH

Corporate and R&D Tax Director

Kate is a CTA-qualified tax specialist with significant Corporate and R&D tax relief experience. She has over 10 years of specialist experience preparing and optimising R&D tax relief (under SME and RDEC) and Patent Box claims in line with the latest HMRC guidance.

RELATED R&D NEWS

20 June 2022

HMRC Suspends payment of some R&D Tax Credits

HMRC have temporarily suspended some Research and Development Claims as a means of putting an end to the abuse of R&D. Who Will be Affected? HMRC […]

8 March 2022

Celebrate International Women’s Day 2022 With Us!

Jeffreys Henry is committed to the progression of equality for all women and so in recognition of International Women’s Day 2022, we wanted to share the experiences of some of the wonderful women working with JH, as well as their perspectives on how things have progressed for women working in accounting. A big thank you to all the women who shared their inspiring stories with us! Together, we can #BreakTheBias.

31 January 2022

HMRC tackle SME R&D Tax Relief abuse

HMRC has released its review of R&D tax relief (also known as R&D tax credit), alongside details that confirm extra measures that will be put in place to end the abuse of R&D tax relief. Recent data suggests a loss of over £300 million due to fraud and error in R&D claims. In such cases, companies had claimed cash through the payable tax credit, despite having no R&D activity. Moreover, HMRC have also identified structures that had been set up with the intention to claim the payable tax credit, despite there being little employment or activity in the UK.

11 January 2022

Significant R&D Tax Relief Changes

In the Autumn 2021 budget, Chancellor Rishi Sunak announced significant changes to R&D tax relief. From April 2023, the qualifying expenditure categories will be widened to […]

1 November 2021

Key steps to a successful R&D tax relief claim

Key steps to a successful R&D tax relief claim. HMRC have displayed no sign of relaxing their position in respect of R&D tax credit claims in terms of querying both eligibility and qualifying expenditure.

20 May 2021

What would you do with an extra £102,000?

£102,000 – that’s the average amount we’ve secured in R&D tax relief for our clients. R&D tax relief is one of the best tax reliefs available to both loss-making and profit-making companies.

9 March 2021

SME R&D Tax Credit & the new PAYE Cap

HMRC have introduced a restriction for the amount of R&D tax credit received by SMEs in a year. Effective from 1 April 2021, the cap is set at £20,000 plus three times the company’s total PAYE and NIC liability for SMEs claiming R&D tax credits.

18 November 2020

R&D Tax Relief for Food & Beverage Innovators

Research & Development (R&D) tax relief is often overlooked by food and beverage manufacturers, product developers, food scientists, and food clinical researchers.

26 May 2020

SME R&D Tax Relief – Impact of CBILS, Bounce Back Loans and State Aid

The government has classed the CBILS and the Bounce Back Loan as ‘Notified State Aid’ (NSA) under the European Commission’s new Temporary Framework for COVID-19. If a company receives CBILS or the Bounce Back Loan, then it will not be possible to claim SME R&D Tax Relief for that project as a company can only be in receipt of one form of NSA on any one project.

26 March 2020

R&D Tax Relief lifeline during COVID-19

The Chancellor has announced unprecedented measures to support businesses, but R&D Tax Relief can be an additional lifeline for businesses. Research and Development (R&D) Tax Relief […]