Did you know that you can use R&D tax credits instead of raising additional finance?
Many business owners are not aware that they can claim for R&D tax credits to receive money back from HMRC. This can be in the form of reduced corporation tax payments (which frees up cash) or as a cash credit.
You can then use this money to purchase stock, acquire new assets, increase marketing spend, or to pay bills, sub-contractors and staff.
What’s more, you don’t have to be a scientific lab creating new life changing drugs or a NASA engineering firm developing rockets. You could be eligible by simply improving your production processes or by reducing your carbon footprint.
Evangate FS work with numerous R&D tax credit companies who are successful in processing tax credit claims across different industry sectors.
Fees as low as 15% depending on the claim amount**, and you don’t pay a penny until the claim has been successful and you have received the funds from HMRC – so no upfront costs!
Claim up to
33%
of qualifying cost
Specialists In
26
Industry sectors
Lowest Fees From
3
R&D Tax Credit Experts
Quick Response
1 - 2 days
For New Claims
short Term
12 month
contracts
The R&D tax credit is an extremely valuable option for businesses that are looking to invest in innovation. It is open to companies* of all sizes, and there is no limit on the amount of money that can be claimed.
The R&D tax credit is a government incentive that allows businesses to claim back a percentage of their research and development costs. These can include staff costs, sub-contractor costs, software, materials and even utility costs.
While the tax credit is most commonly associated with the tech sector, it is available to businesses across all industries.
For businesses undertaking innovative R&D activities, the tax credit can provide a valuable source of funding.
Speak with one of our team today, it only takes a few minutes.
UK businesses are still at the forefront of innovation, solving problems, creating new processes, products and services for use across the world.
If you have been developing something “innovative” in the past 2 years, then you are likely to qualify.
The average qualifying tax relief is over £50,000. Just think what you could do with that sum of money coming back into the business.
What’s more, the funds get paid directly to you, which helps with cash flow.
The biggest barrier to processing R&D tax credit claims yourself – is business owners do not know what to look for, and how to tick the right boxes on the claim application!
That is why you should leave it to a R&D tax credit specialist.
They will identify all the qualifying costs, pull together the narrative relating to the project background and technical aspects, then submit the application on your behalf.
Meanwhile, you can focus your time and effort on running the business.
Research and development occurs across all sectors. From the food industry, agriculture, to retail – every business has an opportunity to be innovative.
Evangate FS deal with multiple R&D tax credit companies, that is why we are confident that we can find the right expert for you.
And the companies we work with offer a 100% tax claim guarantee, should HMRC query the claim in the future. We are not aware of any other R&D tax firms offering such a strong commitment!
Whilst some tax credit consultants focus on a limited number of sectors, we can help with the following:
Most R&D tax credit consultants or companies will charge a fee for processing your claim. But are you getting the best deal possible?
Kyle Robertson has witnessed small businesses being charged extortionate fees (as high as 25% – 30%) by R&D tax credit companies for processing simple claims.
He believes this is unfair – all because the business owner is unsure of the claim process or does not have the time to do it themselves.
That is why his customers leave it to him to broker a good deal from R&D tax credit experts, so his customers do not see their claim award disappear in fees.
Kyle only works with Chartered Tax Advisors, to ensure you have greater assurance that your claim is handled professionally.
1
After a quick call to discuss the R&D activities that you have been undertaking, we will start sourcing the best tax credit specialist for you.
Start by completing the form or by calling us.
2
We understand that the sooner the R&D tax credit process is started, the sooner you will receive any qualifying tax relief.
We will arrange a free no obligation consultation within 24-48 hours.
3
We guarantee to provide you with a personal and friendly service.
This allows us to really get to know your business and focus on developing a strong, long-term relationship with you.
We love it when our customers speak for us.
Whether you need help to claim a R&D tax credit or to raise finance for a vehicle, property or to buy new equipment, speak to us.
Our goal is to get you the best deal that we can.
Never having dealt with Kyle before I was prepared for endless questions, checks, paperwork. However, the very opposite was the case.
My request was handled very swiftly and professionally. This in itself bears testament to the high regard in which Kyle is held...
Very happy with the process and service received from Kyle.
Kyle was able to tailor an agreement to our needs at a superb rate.
Highly recommend.
Absolute pleasure to deal with fast efficient knowledgeable helpful gave brilliant advice and got everything sorted within one phone call with absolutely no hassle.
Would recommend anyone to use Kyle.
Leave the hassle of checking if you are eligible for R&D tax credits to us. We will arrange for a R&D tax credit specialist to review and process your claim.
Contact us today by completing the form above or by calling 0800 488 0230.
(Telephone lines are open between Monday to Friday, 8am to 6pm)
If you carry out any non-standard work that would be difficult for a competent professional in your field to replicate, then you might be eligible.
There are three key criteria that you must meet in order for HMRC to approve the claim:
Yes, the R&D tax credit is available for small businesses. There are a few requirements that must be met in order for your business to qualify, but if you do qualfiy, the credit can be quite valuable. The R&D tax credit can be used to offset qualified research and development expenses, making it a great way to reduce your taxes and reinvest in your business.
There are many types of activities that qualify for the R&D credit, including:
Those above are just a few examples. There are many more activities that could qualify for the R&D credit, so please contact us today to discuss.
It is typically a 12 month rolling agreement. So there is no obligation to work with the R&D tax credit company beyond the first claim. They don’t tie clients into a 4 or 5 year contract like some other firms do.
*Eligible for businesses registered as Limited Companies. Our brokers in the UK will explain the options available when we speak with you.
**15% fee if the claim amount is over £10,000. Fee is 20% if the claim is under £10,000.
Quantum House Business Centre
2 Stoneycroft Road,
South Queensferry,
EH30 9HX
Tel: 0800 488 0230 or 07950 932190
Email: kyle@evangatefs.com
Evangate Financial Services Ltd is a credit broker not a lender.
Evangate Financial Services Ltd is registered in Scotland no. SC583768 and is authorised and regulated by the Financial Conduct Authority, reference FRN846182.
