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Radius offers unrivalled expertise in helping companies claim R&D tax reliefs for innovation. In the last 6 years, Radius has helped companies claim £18m in R&D tax relief at an average of £38k per claim.
If you pay technical staff to solve technical problems, you may be entitled to around a quarter of the amount you have spent innovating on R&D back in the form of tax relief.
We are also members of HMRC’s Research & Development Consultative Committee, a forum where HMRC and qualified R&D tax relief specialists share best practices and help formulate HMRC policy.
This means we are fully up to speed on the issues commonly raised by HMRC – none of the thousands of claims submitted by the Radius team has been amended by HMRC because of an enquiry.
Tax savings may also be available for Research and Development allowances (where companies invest in research facilities or equipment) or Patent Box tax relief (where profits are derived from patents). We can also help businesses to apply for Innovation Grants.
As Radius is part of Shorts, a long-established, award-winning and highly respected regional accountancy firm, you can be sure that all aspects of accounting for your innovation relief will be fully addressed. Plus the firm has 14 Chartered Tax Advisers, more than any other local independent accountancy firms, which means that you can be sure we will optimise the tax benefits of the available relief.