R&D tax credit scheme

 

Amolo Group – premier tax planning advisors

Business advice, guidance and support

We can offer help and support to individual businesses, for example by helping you with business planning, marketing strategy, or providing general guidance.  We can provide business planning advice, provide training and skills development, assist you to manage you own personal development, and we provide coaching and mentoring services.

Our specialism is to assist your firm to claim tax credits from HMRC. R&D tax credits are available for those UK based businesses that develop or improve products, software or processes for themselves or their clients. If you have a limited company based in the UK and provide customers with bespoke solutions or develop products, software or technology, you could benefit from this HMRC promoted tax planning scheme.

Amolo Group work throughout the UK. Our advisors turn your ideas, solutions and projects into a tax credit or cash by identifying, defining and describing qualifying costs and activities within your business. This credit is an incredibly valuable source of funding, allowing you to reinvest in your business and continue doing what you do best. Whether you are making a loss or a profit, you can still make a claim.

A Government Backed Scheme

R&D Tax Credits are backed by the government and designed to support businesses that invest in scientific or technological advances.

Successful claims reduce corporation tax on profits, or provide cashback in the event of loss-making. We advise on the most efficient way to use the credit.

The scheme rewards great ideas, innovative processes and new products. The credit can be used to transform future investment decisions.

Wide Range of Qualifying Sectors and Costs

From our experience, nearly every company undertakes research and development in some form or another – talk to us today. We work with all kinds of firms, including professional sports clubs, real estate developers, cafes, manufacturing firms and steel stockholders etc.

Our experts help SMEs across almost every industry sector to receive significant sums to take their business further. We handle every aspect of your claim in association with your own accountants by identifying, defining and describing qualifying R&D activities and costs in your business, undertaking research to support the claim, preparing an evidence based expert technical report and supporting the accountants to make the tax credit calculation and dealing with HMRC.

Learn more about our processes – read on to see what a claim could be worth. We charge a fee only if you have a qualifying claim to make. We work throughout the UK.

Can my business claim? What is Research & Development?

HMRC states that for tax purposes, R&D takes place when a project seeks to achieve an advance in overall knowledge or capability in a field of science or technology. There are a wide range of qualifying activities, so if your company is attempting to solve scientific or technological uncertainty, then it is likely you are carrying out R&D.