Talk to one of our advisors and see how we can help your business.
Our 4 step process
Helping release vital investment for your business
Our experts partner with you to undertake a careful ongoing analysis of your business and the costs you’ve incurred that might be eligible for tax credits. In 2018 alone, we helped more than 600 innovative businesses take another step forward.
Step 1 – Getting to know you
We know that every business is built in a slightly different way. So an integral part of our process is to get to know you and your business to find out what is important to you, where you are in the market and where you want to go. With a team of analysts based across the country, we have the flexibility to offer either a phone call or an onsite visit. We know that time is a major factor in all businesses, so we can be flexible and work around you. In this meeting we would usually explain our processes and how we will work together.
Step 2 – Data gathering meeting
As much as we take up most of the work in preparing your claim, we do need your input. In this meeting we get into the detail of what your company does and which projects will form your claim. HMRC have outlined a set of criteria in order to identify eligibility, our technical analyst will explain what these are and identify which of your products or services would qualify for the scheme.
We have found that using technical analysts with experience in your specific sector, is a great way of identifying the aspects involved in creating or making a product or new process. With an understanding of the iterative steps that can be found in daily activities they are able to uncover details that can help maximise your claim value.
Step 3 – Generating a claim report
The technical report is an outline of the processes involved in the creation of your product or service and the financial evidence of your spending around it. HMRC have a level of detail that they require to be included in a report and we have an internal team that will ensure that the report meets these. Before we submit the technical report a draft will be sent to you for review.
Our aim is to make sure that you can continue to realise your maximum potential through innovation. And in order to ensure that you receive the maximum R&D tax relief possible, our process in submitting your claim includes a review of your company financials by our team of tax specialists, who will agree on your tax position and notify you of any changes to optimise your overall tax position.
Step 4 – Managing the claim
Once you have signed off the technical report we will submit it to HMRC. We are confident in our process and as a standard part of our service we provide enquiry defence, so in the event that HMRC has any questions, we will communicate with them on your behalf.
HMRC has its own internal process which can sit outside our estimated delivery times, but our dedicated support team maintain regular communication so that we can keep you updated on the progress of your claim. If your business needs early access to your R&D Tax Credit benefit, we have an R&D Advanced Funding option that may be suitable.
Once the claim is successful and HMRC has made payment of your claim we will pass the money directly on to you with a detailed explanation of how the tax savings have been calculated and applied.Download a copy of our process
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.
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.