How can we help?
In order to ensure they are maximised, handled efficiently and don’t trigger later investigations from HMRC, R&D tax relief claims require specialist advice – that’s where we come in.
Gathering the correct information and data can often be a complex and time-consuming process, with potential for inaccuracies and business risk. While claims can be made by your current accountant, we often find that those who do not have the expertise to handle such an intricate part of technical tax often underestimate what can be claimed for.
By using expert advisors, you are minimising the risk of under-claiming or over-claiming. We work by understanding your operation through building relationships with relevant members of your team and learning about the processes and techniques involved in your R&D. That way, when it comes to making your claim, we can be sure that we maximise the relief available to you.
We also have a close working relationship with HMRC and so have an in-depth understanding of their needs, requirements and legislation. As a result, our process is well refined and you can generally expect to have cash in your bank within 4 to 6 weeks.
Why Haines Watts?
Our team at Haines Watts is comprised of personable, plain-speaking professionals who are able to translate intricate tax legislation in a way which can be easily understood by you and your team.
Our extensive experience advising companies in numerous industries has helped to identify over £140m of qualifying R&D expenditure. Altogether, the total amount of tax we’ve saved for companies overcoming technological and scientific uncertainties stands at over £27m.
We also have a 100% record in claiming R&D tax credits.
When choosing an advisor like Haines Watts, you have the strength of a national network behind you alongside the tailored approach of a local firm. Specialist R&D tax consultancies only go so far in terms of understanding your business needs and building long-term relationships.
We appreciate that other business and tax matters inter-relate with tax credit claims, often influencing other areas of your business. As such, our expertise goes beyond just R&D. Our technical tax team can also advise you on things such as patent box, income tax planning, profit extraction, corporate re-organisations, company sales, mergers and acquisitions, inheritance and capital gains tax.
At Haines Watts, we combine expertise within this niche area of tax alongside our own industry experience.