Our technical teams specialise in hunting down all your qualifying R&D costs and turning them into a serious financial boost for your business. We've got a great relationship with HMRC and we’ve never had a claim rejected by them.
RIFT R&D Tax Credits are the champions of innovative small businesses. Whether you work with us directly or through your accountant or advisor, we're here to make sure your inventiveness pays.
We provide a complete end-to-end service for preparing R&D tax credit claims. This removes a lot of the burden of the technical side of claim preparation from your, and your accountant's, shoulders. Our experience of working with HMRC means that we can save you a lot of time and effort, ensuring your claim is clearly focused on what HMRC need to know.
With our technical expertise and experience of working across various industry sectors, our team of professionals are able to tailor our structured and efficient service to suit your business.
How We Do It
We Discuss You meet one of our consultants (either in person, online or phone) to tell us about your business and from that we can confirm if what you are doing meets the qualifying criteria for a claim.
We will clearly outline what will need to be done to submit your claim to HMRC. This will vary depending on the type of work you have done, for example the scope of your project or your industry. Every claim is different so our team will be able to talk you through this in detail.
We Research We work closely with you (and your accountants, advisors or other specialists) to gather all the documentation, evidence and figures that will be needed to prepare your claim. During this time we may visit you to collect any remaining information that needs face-to-face explanation or in-depth discussion to get to the heart of the innovation.
We Review We send the draft report to you to review. This gives us the opportunity to go through the information in detail and ask any other questions we might have in preparation for the final report writing.
We Deliver We will compile your claim report for HMRC with all the necessary detail, narrative and documentation about your R&D activity. Final versions of this will be sent to you for approval before submission by your accountant.
We Support After the claim has been paid we then switch across to an advisory role where we can support you in making any subsequent claims and with any other projects you might have in the future.
You can send invoices and figures to us throughout the year to start building your next claim in advance, making things as easy as possible.
Download our brochure and find out more about R&D Tax Credits.
Here’s a little why working with RIFT R&D Tax Credits can help you:
- We're specialists in hunting down every qualifying cost and activity in your business.
- We speak HMRC's language too, and have never had a client's claim rejected.
- We're here to stay. We're a family owned business established in 1999 and employing over 160 people.
- We recently won the bronze award in the Kent MegaGrowth 50 and won the KEiBA award for our customer service.
Why You Should Claim R&D Tax Credits
R&D tax credits are the single most powerful funding mechanism there is, so you really can't afford to miss out. You might not think you qualify, but R&D Tax Relief isn't just for white-coated lab technicians. Whether you're designing a brand new product or simply streamlining ways of getting it out there, you could be up for a much needed cash injection or vital tax relief.
Tax credits for R&D is a huge topic and it can take a lot to get your head around it, but take a moment to see if this describes what you're doing:
It took expertise and brain power to get it done.
There was no obvious solution already.
You're aiming for an advance in science or technology.
Your competitors would like to take credit for it if they could.
The range of costs and activities that count as R&D is a lot broader than you might think, and your project doesn't even have to be a success to qualify. What it does take is the ability to really "go deep" on your projects, pulling out all the hidden costs that qualify and explaining their value to HMRC in a language they'll understand. You might have to pry open some oysters to find them, but the handful of pearls you'll surface with will be more than worth it - and that's where RIFT R&D Tax Credits comes in.
We're as excited as you are about your projects and we can help you every step of the way, so get in touch with RIFT R&D Tax Credits to make sure your business is getting credit for its innovations. Don't forget we also now offer Video Games Tax Relief (VGTR) alongside our R&D tax credit service.
If you would like to know more about what R&D tax credits are and how they could benefit you, get in touch on 01233 653008 or contact us to see how we can help turn your inspiration into real-world benefits for your business and beyond.