Innovation Reliefs

Making the most of your knowhow

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 approach

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.