Research and Development (R&D) Services
At Bevan Buckland, we understand that innovation is crucial for your business. Research and Development (R&D) activities are essential for driving growth, enhancing competitiveness, and creating value. Our dedicated team of experts is here to help you unlock these valuable incentives and maximise your return on investment.
What Are R&D Tax Credits?
R&D tax credits are government incentives designed to encourage businesses to invest in innovation. These credits provide a significant financial boost by reducing your tax liability or offering a cash rebate for qualifying R&D expenditures. Eligible activities include developing new products, processes, or services or improving existing ones across various industries.
How Our R&D Services Help SMEs
If your business works on projects that seek to advance science and technology, overcome uncertainty, and tackle problems that couldn’t be easily resolved by another professional in your industry, our R&D tax services can help you identify what you are entitled to claim.
Our R&D Services
Our team thoroughly assesses your business activities to identify qualifying R&D projects. We work closely with you to understand your innovation processes and ensure that all eligible activities are captured.
Accurate documentation is crucial for a successful R&D tax credit claim. We assist you in compiling the necessary technical and financial documentation, providing precise and detailed reports that meet HMRC requirements. This includes identifying qualifying expenditures and preparing robust technical narratives.
We leverage our expertise to ensure you claim the maximum R&D tax credits available. Our experts stay up-to-date with the latest regulations and industry practices, ensuring your claim is optimised and compliant.
Navigating the HMRC submission process can be complex. Our team handles the entire submission process on your behalf, ensuring that your claim is presented accurately and effectively. We manage all communications with HMRC, addressing any queries or challenges that arise.