Before submitting your R&D Tax Credit claim to HMRC…
The number of clients preparing their own Research & Development Tax Credit claims is increasing. It’s for this reason our R&D Proof Reading service is becoming more popular and it’s a great way of engaging an expert for an opinion yet keeping costs to a minimum.
Proof Reading Technical Reports can be a crucial step before submitting your R&D Tax Relief claim to HMRC. We will highlight any weaknesses or areas where the narrative is overly complex, giving you peace of mind that your claim should be successful.
- Are you comfortable completing your own claim?
- Would you prefer a second opinion from an expert?
- Do you want peace of mind that your claim should be successful before submitting to HMRC?
We work with advisors to add value and contribute to the growth of your business through the R&D Projects.
Stage 1 – We will review the Technical Report to highlight potential weaknesses questionable by HMRC.
Stage 2 – We review the financial elements. highlighting possible missed costs and over-aggressive claims.
Stage 3 – We provide a report at a fixed cost, avoiding full consultancy fees.
Case Study
The case study below provides a typical example of the detail we go into when proofreading an R&D Tax Credit report on a client’s behalf.
“The CARS proofreading service was an invaluable resource, providing technical advice and peace of mind in what is a complex area of tax.”
David Lewis, Virtus Accounting Limited
About Capital Allowance Review Service
Capital Allowance Review Service is seen as a Premium Provider in the marketplace due to the experience, technical knowledge and approach to each case. We have been awarded the Best Property Capital Allowance Firm & Excellence Award for SME R&D Tax Relief in the UK! This success is a result of having the right technical knowledge in the various required disciplines, together with the relevant experience to reach the highest level of due diligence that allows us to unlock funds which Clients did not know they had.
Latest News
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5 December 2023Capital Allowances Manual
Capital allowances play a significant role in taxation. Allowing businesses to claim deductions for the depreciation of their assets. Among these assets, plant and machinery are frequently mentioned. However, the term “plant and machinery” is not explicitly defined in tax law. It should also... -
22 November 2023
Autumn Budget 2023: Changes to Capital Allowances
The Autumn Budget of 2023 has arrived, and with it comes significant changes and developments the government has put in place. Chancellor Jeremy Hunt delivered the statement on Wednesday, 22 November 2023. For businesses and individuals alike, these adjustments in tax policies can have far-reaching implications.
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Our expert team are here to help answer any of your capital allowances questions or enquires you have about your commercial property.