R&D Tax Relief Services for Innovative Businesses
If your business is investing in innovation, whether developing new products, improving existing systems, or overcoming technological challenges, you could be eligible for valuable R&D tax relief. At My Tax Consultants, we specialise in helping companies unlock the full potential of Research and Development tax incentives, ensuring you receive the maximum benefit while remaining fully HMRC compliant.
What is R&D Tax Relief?
R&D tax relief is a government incentive designed to reward UK companies for investing in innovation. This relief can lead to substantial cash repayments or a reduction in corporation tax, freeing up valuable resources for reinvestment into your business. Despite being a powerful financial tool, many businesses either don’t realise they qualify or underclaim what they’re owed.
Our mission is to change that.
Whether you’re in software development, engineering, manufacturing, agriculture, or any other sector that involves solving technical uncertainties, our expert team is here to assess, prepare, and submit fully optimised R&D tax credit claims on your behalf.
What Qualifies as R&D?
One of the biggest misconceptions about R&D tax credits is that they’re only for tech giants or companies with large research departments. In reality, qualifying R&D activities can be found in businesses of all sizes and industries. You could be eligible if you have:
- Developed or improved a product, service, or process
- Faced technological challenges or uncertainties
- Incurred costs on materials, prototypes, software, or wages for technical staff
- Conducted internal research to find better ways of doing things
If you’re unsure whether your business activities meet HMRC’s R&D criteria, we can help clarify with a quick and confidential assessment.
Our R&D Tax Relief Process
We follow a structured and efficient process to ensure your R&D claim is accurate, maximised, and processed without delays:
- Eligibility Assessment:We begin with a no-obligation consultation to understand your business and identify qualifying R&D activities.
- Information Gathering:We’ll work closely with your technical and finance teams to gather necessary data, project details, and costs.
- Technical Report Creation:Our specialists create a clear, concise technical report that explains how your projects meet HMRC’s R&D criteria.
- Claim Submission:We submit your R&D tax credit claim as part of your company’s corporation tax return or as an amendment—depending on timing.
- HMRC Liaison:Should HMRC have any queries, we handle all correspondence, negotiations, and evidence requests to ensure your claim is resolved quickly and successfully.
Who Can Benefit?
Our R&D tax relief services are ideal for:
- SMEs and large companies conducting product development or process improvements
- Startups with early-stage technical prototypes or software builds
- Manufacturing businesses adapting production for greater efficiency
- Engineering firms creating custom solutions for clients
- Any company facing technical uncertainty while delivering innovative outcomes
Even if your project “failed,” you may still qualify—because R&D tax relief rewards the effort to innovate, not just the end result.
Common Misconceptions
Many businesses miss out on R&D tax relief because they believe they:
- Aren’t “innovative enough”
- Didn’t succeed in their project
- Only made small improvements
- Don’t have a formal R&D department
The reality? R&D tax credits are broader than most think. If your company solves complex problems through experimentation or technical knowledge, there’s a strong chance you qualify.
Why Choose My Tax Consultants’ Specialised Services for R&D Tax Relief?
At My Tax Consultants, we take a strategic, hands-on approach to R&D tax relief, going far beyond form-filling. Our team combines deep tax knowledge with technical insight to identify eligible activities that others might overlook. We manage the entire claims process, from eligibility assessments to HMRC submissions, so you can focus on running your business. With increased HMRC scrutiny, we ensure your claim is well-documented, compliant, and audit-ready. Backed by former HMRC specialists, we know how to build strong claims.
Let’s Maximise Your R&D Potential
If your business is innovating, you deserve to be rewarded. At My Tax Consultants, we take the confusion out of the process and ensure you get what you’re entitled to—quickly, compliantly, and stress-free.
Get in touch with us today to discover how much your business could reclaim through R&D tax relief.
