Many businesses perform qualifying R&D activities to stay competitive, unaware they could recoup significant costs through available tax incentives. The R&D Tax Relief and Expenditure Credit regimes allow companies undertaking eligible R&D activities in the UK to significantly reduce their corporation tax bills or receive a payable tax credit.
The R&D landscape is evolving at an accelerated pace, and companies are increasingly seeking trusted advisors who truly understand their business models and help them navigate the complexities introduced by legislative and procedural changes. In a changing economic climate, claimant companies require the most efficient yet robust way of collating and submitting their R&D claims. Our team of trusted advisors have experience working with a diverse range of companies across various industry sectors, advising them on the best way to claim R&D tax relief.
Research and Development Insight and Events
R&D Tax Relief: Collins Construction’s Landmark Victory at First Tier Tribunal Against HMRC’s Restrictive Approach
Kanika Mishra Pathak
Tax Refresher - Issue 26
Full details
6 Key Takeaways from our Going Global MedTech Webinar
Full details
Government Investment Summit: What the Healthcare and Life Sciences Industries Want to See
Yogan A. Patel
Growing an R&D-intensive life science business
Yogan A. Patel
Tax Refresher - Issue 25
Full detailsWhy MHA?
The MHA R&D Tax Incentives team consists of specialists from various technical disciplines including engineering, life sciences and computer science. As a technologist-led team with industry experience in our respective fields, we bring a foundational understanding of your business, systems, and processes that’s truly unique. We believe in optimising the value delivered to our clients whilst also devising the most streamlined approach to tracking and collating innovation incentives claims. Whether you’re a growing financial technology disruptor, a pharmaceutical giant, or a specialist consultancy in your field - we tailor our methodology to your business. Our people-first approach as a firm permeates through all our work. MHA’s team of trusted advisors takes pride in delivering top-tier service with a personal touch. Our Research and Development team can support you with:
- Complete outsourcing of your R&D claim process, alleviating pressure on your internal teams and allowing them to focus on their respective full-time roles
- Preparing your R&D claim in a Sprint, at a time of your choosing – allowing you to submit your claims in a condensed timeframe
- Advanced Assurance forms for first-time claimant SMEs
- Methodology and feasibility reviews, focused on making recommendations to improve the strength and positioning of your R&D claim process
- Advisory on real-time R&D claim methodologies and contemporaneous R&D tracking to mitigate risk
- Patent Box advisory
