Swanson Reed Specialist R&D Tax Advisors have over 30 years of consulting experience. Claiming the R&D tax credit doesn’t have to be an expensive and difficult process. The R&D tax consultants at Swanson Reed manage all facets of the R&D tax credit program with professional ease.
WE’LL DO ALL THE HARD WORK FOR YOU
Self-claiming the R&D tax credit can be time consuming and risky. A standard claim can usually be professionally complied with only 2-3 hours of staff time. Our experts will maximize the benefit you receive.
OUR OFFER IS RISK FREE
If you don’t receive a benefit, you don’t pay. You will never be out of pocket.
Amount spent on R&D
Is your business profitable?
What was your business' losses?
For SMEs, from 1 April 2015, the R and D tax credits claim enhancement (the enhanced deduction) was increased to 230% of the qualifying R&D expenditure incurred.
While both profitable and loss-making SMEs can choose to condense the amount of Corporation Tax they pay, a loss-making SME can realise a cash benefit of as much as 33.35p for every £1 they spend on R&D, in contrast to up to 26p per £1 spent by a profitable business. Undeniably, R&D tax credits are an increasingly multifaceted and ever-changing topic but can be a fundamental source of funding for SMEs at a vital point in their development.
The research and development tax credits are a tax incentive for performing qualified research in the United States, resulting in a credit to a tax return.
All industries and most types of businesses can qualify for the R&D tax credit if they can satisfy the 4-Part Test.
IRS 4-PART TEST
Contact us for a free quote and eligibility test.