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R&D tax credits deadline

With the calendar year soon coming to a close, for many businesses it means that the financial year end is approaching and the focus is turning to the finances.

If your businesses financial year end is 31st December 2019, this also marks the deadline for your R&D tax credits claim.

Ever found yourself thinking “somethings got to give”?

Don’t worry, this is where we can help.

At MPA, we understand that this part of the year can be pretty intense and time is the one thing every business needs more of.

We will reclaim your R&D Tax Credits for you whilst you focus on getting your business ready to finish the financial year. However, we need to act now to ensure you do not miss out on a vital source of corporation tax savings.

How much could you receive?

£54,000

is the average R&D Tax Credit claim value received

It's a win - win situation

R&D Tax Credits is a generous government incentive, rewarding companies with up to 33p for every pound invested in research and development activities. The tax savings received could make a big difference to your companies growth in your next financial year. For instance, it could help fund a new piece of machinery or enable you to hire additional employee’s.

By partnering with us, you can focus on where you’re most needed whilst we secure your tax savings.

Drag the circle slider or enter your estimated spend below to view how much you could receive.

Your claim estimate:

Start your claim today

Where we've helped businesses like you

All

Accounting services and R&D

Automotive

Engineering

IT & Software

Life Sciences

Lighting

Manufacturing

Partnerships

Cabcare Products – Eligible R&D projects going back two financial years

Cabcare Products Limited (Cabcare) are a leading designer and manufacturer of vandal and demolition guards for all types of construction vehicles.

BCD Chartered Accountants partners with MPA

BCD’s dedication to providing their clients, who work across several different industries, with a service tailored to their individual requirements has earned them their position as a top 10 accountancy firm in Birmingham. And it’s this commitment to delivering the best possible service to their clients which prompted them to speak to MPA.

Bee Lighting - MPA sheds light on R&D Tax Credits

Bee Lighting is profiting from R&D Tax Credits, enabling the rapidly growing company to further invest in staff, equipment and new facilities.

Fern-Howard Lighting - Assembling a Solid Case

An R&D Tax Credit claim partnership with MPA translated into a bottom-line business benefit for Fern-Howard.

Productiv - Maxing the Tax Relief for Technology

MPA’s technical expertise and sector knowledge have supported Productiv through its successful R&D Tax Credits journey.

48.3 Scaffold Design - Demystifying HMRC's rules around qualifying activities

Working with MPA made the R&D Tax Relief claim process easier for 48.3 Scaffold Design.

R&D Tax Credits: Not just a numbers exercise

Industry sector knowledge and experience was key to building an R&D Tax Credit claim for Doc-Works. MPA was able to define exactly which activities represented an advance or innovation.

Partnership pays off

A&J Global Designs is a successful SME employing 10 staff across two manufacturing sites. The company provides specialist and innovative tooling solutions for the automotive sector.

A Switch in Time

5th Dimension Tooling Ltd offers a professional tool design and development service to its clients, using the latest CAD/CAM software packages, plus three and five axis CNC machining. Its focus is on constantly improving existing products and processes, and developing the new processes required to meet constantly evolving requirements from the aerospace, automotive and medical markets.

The science behind working with an expert

Offering a flexible, highly skilled service to meet the needs of a wide range of biopharmaceutical companies, NeuroSolutions is a leading contract research organisation. It provides technically demanding electrophysiology to the biopharmaceutical industry and specialises in the design and delivery of focused preclinical research packages from the single cell through to whole animal investigations.

MPA sheds light on qualifying activity for Collier Webb

Collier Webb, known for their unique lighting, furniture and hardware, struggled to see which projects qualified for R&D tax credits. They were surprised to see how much they could claim, after speaking with an MPA Technical Analyst.

Using grants and tax credits to develop life-saving software

Launched as a spin-out from the University of Oxford in 2010, Brainomix Limited is a software company with a vision to become a world leader in imaging software to support clinical decision making for neurological and cerebrovascular diseases.

Innovation drives China growth

Established in 1979, Focus SB is a luxury electrical wiring accessory manufacturer based in East Sussex, whose bespoke products have so far sold to over 400 luxury hotels, heritage buildings and high-end residential properties in the UK, Middle East and most recently China.

Logistex R&D supports revolutionary NHS electronic prescription service

Logistex is a world-leading designer and supplier of integrated storage and materials handling systems. From its UK head office, it supplies and supports intelligent, productive, bespoke and cost-effective warehouse management solutions to clients across a variety of sectors. Their collaborative approach to business has earned them large clients such as Superdrug, B&Q and QUIZ Clothing.

Launch of revolutionary Vü takes MedTech industry by storm

Scientists and engineers behind Pop-Bio Imaging, a division of the Pop-Bio Group based in Cambridge, have developed an innovative new technology to carry out gel and blot imaging which facilitates medical research and drug development.

Keeping the lights on with R&D tax credits

The phrase “good things come in small packages” comes to mind when thinking about Haberdashery. From their studio in Dalston, London their team of highly skilled designers are creating massive waves in the global lighting industry. For over 10 years Haberdashery has been dedicated to its vision to transform the experience of the spaces that we occupy with the power of light.

Keeping accountancy personal from day one with digital start-up SWAP

Our accountancy success is maintained by making our clients and their business our focus, building a personal relationship from day one.