AccountingBusiness Support Services
The unique Radius service is designed to ensure that businesses claim their full entitlement to Government-backed tax reliefs for innovation.
We are experts in helping innovative companies claim R&D tax credits from HMRC. Any company paying technical staff to solve technical problems, perhaps developing new or improved processes, products or software, should explore their potential to claim these credits. The tax savings are significant – up to almost a quarter of the amount actually spent, with some companies even receiving tax credits from HMRC.
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.
Our specialist team, whose unrivalled expertise includes an ex-HMRC R&D Inspector, has saved our clients millions of pounds in tax. Our thorough and detailed approach in preparing claims means that HMRC have not made any adjustments to our submitted claims.
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.