Research & Development

Burgess Hodgson are experts in preparing claims for R&D tax relief and over the last few years we have identified millions of pounds of additional tax relief for our clients.

As part of Government drives to encourage innovative companies to set up in the UK the tax system includes generous tax reliefs for companies engaged in Research and Development (R&D) or exploiting patented inventions.

These generous tax reliefs are crucial to many technology based companies – and it is vitally important that accountants can identify and then maximise any claim for the tax relief. For start-up companies it is possible in some cases to receive a cash payment from HM Revenue & Customs (HMRC) – even if no Corporation Tax has been paid. This is increasingly used as part of the funding of innovative start-up companies.

We can help assess whether your company is eligible for the SME scheme or RDEC scheme, or in some cases both.