Accounting for R&D Refund

Accounting for R&D Refund

Research and Development (R&D) tax credits provide relief for small to medium sized companies who are carrying out innovative works, using technologies or science which haven’t been utilised before.

There are a number of requirements to be eligible for R&D tax refunds, including the size of your company, the work carried out and financial elements such as the turnover and amount on the balance sheet for the company.

We have worked with a huge number of clients on their R&D tax credit claims, assisting with all of the applications and providing financial information which is required. We handle the entire process from start to finish so you can feel confident when working with our team.

Once the credits have been issued, we are able to submit an altered tax return to HMRC for a back dated return or apply the credits to the current return period if required.

Accounting for R&D Tax Credit

Accounting for R&D Tax Credit

Accounting for R&D tax credits doesn’t need to be complicated. Our experienced team have an extensive understanding of R&D projects in terms of accounting. From submission of the application for R&D credits, through to liaising with HMRC throughout the process and finally implementing the credits onto a tax return, we cover everything.

We work with leading technology and science companies across the UK, assisting them with yearly R&D tax credit applications to ensure they are gaining the maximum amount of relief possible.

At Unicorn Accountants we provide honest and reliable services to all of our clients. From the outset of working with a new company, we will assess their suitability for R&D credits and provide an honest assessment of whether they will be successful in a new application.

Tax Credits Accountant

When they first start working with us, our clients are often unaware or confused over what tax credits they are able to claim. However, our experienced team provide extensive advice and guidance on how to ensure you are receiving the correct credits for yourself and your business.

If you are looking for a reliable tax credits accountant, our experienced team are here to assist you. We work closely with our clients to ensure we provide an unmatched level of service.