The UK’s R&D Tax Relief regime is one of the world’s most successful state aids, providing much needed financial stimulus to support innovation across multiple sectors and industries.
We’ve built a team with extensive experience of dealing with tax relief claims, who are well-equipped to assist claimant companies to identify qualifying activities and costs. Claims for relief will result in a cash benefit either in the form of a reduced corporation tax liability or a repayable cash credit, if loss-making.
We’re also well-versed in preparing successful Patent Box claims which can potentially enable a business to apply an effective corporation tax rate of 10% on profits derived from a qualifying patent.
Our innovation tax team works closely with you to create a tailored approach to building your R&D and Patent Box claims. Our approach is to get to know your business and its development processes, so that we have a fuller understanding of the nature of your R&D activities and the appropriate costs to claim for. We know you have a business to run, so whilst we’re thorough, we’re also pragmatic.
We’ve developed a robust claim methodology and we have regular interactions with HMRC’s dedicated Innovation Relief team.
We have a proven track record of producing value for our clients, whilst managing the administrative burden of claiming relief, which has helped us build a loyal, recurring client base.
Preparation of the support for your R&D Tax Relief claim
Workshops and training for your technology leaders to understand R&D Tax Relief
Reviewing your own R&D Tax Relief calculations and documentation
Patent Box Relief
Creative Industry Tax Reliefs
Innovation Reliefs due diligence
HMRC enquiries concerning Innovation Relief claims
I’ve been working with clients helping them with their tax affairs for over 20 years. I spent my first seven years in a Big Four firm before venturing out into the big wide world to gain more experience in winning work, building teams, and continuing to build client relationships. That’s how I ended up helping to establish Claritas as the business it is today. I’m a fixer; if there’s a problem to solve, I can’t resist.
Claritas have secured us in excess of £7million in R&D tax credits, enabling us to develop our turbine technology and the production processes, ready for full scale manufacture. Their input into the R&D process has been invaluable.
David Roberts, CFO
Bladon Micro Turbines
To find out more about what we do, please get in touch.