UK R&D tax relief FAQ
What types of companies qualify for R&D tax credits?
Companies across various sectors that are involved in research and development activities aimed at advancing knowledge or capabilities in science or technology may qualify for R&D tax credits. This includes businesses developing new products, processes, or services, as well as enhancing existing ones.
How is the referral fee calculated?
The referral fee is calculated as a percentage of the earnings we receive from a successful R&D tax credit claim. The exact percentage will be communicated to you upon becoming a partner.
Is there a limit to the number of clients I can refer?
No, there is no limit to the number of clients you can refer. The more clients you refer, the more opportunities you have to earn referral fees.
How long does the R&D claims process take?
The R&D claims process typically takes between 4 to 12 weeks from the submission of the claim to HMRC to the receipt of the payout. We will keep you updated throughout the process.
Do I need to be involved in the claims process?
No, once you refer a client to us, we manage the entire R&D claims process from start to finish. You can focus on your core business activities while we handle the claim.
What happens if HMRC inquires about a claim?
In the rare event that HMRC inquires about a claim, our dedicated enquiry specialists will handle all communications and resolve any issues directly with HMRC. You won’t need to get involved.
How secure is my client's data?
We prioritise the security and confidentiality of your client's data. Our systems are designed with robust security measures to protect all information, and we comply fully with GDPR regulations.
Can I track the progress of my referrals?
Yes, you can track the progress of your referrals through our dedicated online portal. You will have a secure accountant login to view updates and monitor the status of your clients' claims.
Is there any cost to join the referral program?
No, there is absolutely no cost to join our referral program. It’s a risk-free opportunity to enhance your client services and earn additional income.
What support will I receive as a partner?
As a partner, you will receive comprehensive support from our team. This includes access to our online portal, regular updates on your referrals, and assistance from our experts at every stage of the claims process. We're here to ensure that your experience is smooth and rewarding.