Interested in accelerating your access to tax credits and smoothing your cashflow? Our partnership with Finstock Capital could be the answer.
You may be thinking, what are R&D tax credits?
Well, we take pride in removing the mystery from R&D. Our team of specialists are here to make sure that you get the most out of your claim, so your business gets the tax relief it deserves.
Research and Development Tax credits are incentives created by the government to advance innovations across a variety of industries. This scheme is basically a cash reward for your business doing its thing, and can be claimed in 3 ways:
- Cash credits
- Corporation tax rebate
- As an expenditure
Are you eligible?
If your business spends money on research and development costs, you’ll very likely be able to claim tax credit. Businesses in many different industries can apply – including:
- ...and much more.
When do R&D tax credits get paid?
HMRC will aim to pay your R&D Tax credit within 28 days of receiving the CT600 tax return. In some cases though this can be delayed due to audits, requests of evidence and busy periods. Such delays may cause cashflow issues for your business.
Which is why we’re so excited to be working in partnership with Finstock Capital. Businesses who have completed an R&D submission with us can now access R&D loans. These loans will provide certainty of payment and help you to plan your business’s cashflow.
95% of eligible businesses miss out - DON’T be one of them.
R&D Tax incentives are too often a mystery to the companies who deserve them. From seed-stage startups to multinational corporations, there are thousands of pounds of savings just waiting for you. That’s a serious cash injection for your business.
If your business spends time creating or developing your services/products or contributes to broadening the overall knowledge of your field, then great news...you’re eligible for R&D tax relief!
Join our talk on LinkedIn
If you’re interested in finding out more about our partnership with Finstock Capital and R&D Tax credit loans, please join us on the 23rd April 2021, at 11am.
Wesley Rashid CEO and Founder of Accountancy Cloud, will be hosting an event alongside Anh Vu, Senior R&D tax manager at Accountancy Cloud and Edo Salvesen, Director of Finstock Capital. They will discuss the exciting new partnership and uncover all of the juicy details you need to know about R&D Tax, including the latest developments surrounding furlough and the PAYE cap.
Simply head over to Accountancy Cloud’s LinkedIn event at 11am to watch. We’ll look forward to seeing you there.