R&D Tax Credits
31st March Deadline
If your businesses’ financial year-end is 31st March 2020, this also marks the deadline for your R&D tax credit claim. 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.
Don’t worry, this is where we can help.
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, as any costs incurred on qualifying activities between 1st April 2017 – 31st March 2018 cannot be claimed after 31st March 2020 deadline.
What are R&D tax credits?
We've got it all in hand
A major misconception we frequently hear from businesses considering whether or not to make a claim is the concern that a claim can take too much time – which is not the case at all! With help from our team of experts submitting a claim can take up to one day of your time and can yield massive returns.
With your R&D tax credits deadline approaching, we can work around when is most convenient for you.Book a free consultation
Claim what’s yours
The money that you have spent on R&D has already been spent. What the R&D Tax Credit scheme offers is a way to claim some of that money back.
We like to think of the scheme in a similar way to a supermarket loyalty reward programme, where you get a financial benefit for purchasing things you planned to get anyway.Reclaim my expenditure
With us, there's nothing to fear
The best way to avoid a HMRC enquiry is to compile a robust claim that has been researched and critiqued before it is submitted. This is where working with an expert with 12+ years experience is helpful. Our multidisciplinary team includes tax advisers, accountants and sector specialists, who know the system inside and out.Work with MPA
Let us start your claim today
It's a win - win situation
You can focus on where you’re most needed whilst we secure your tax savings.
Submit the form below and one of our advisers will be in touch.
|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.