Inspire Financial Management

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Case study: Research and Development.

We engaged with a new client to the practice who was involved in software development. The business had heard of R&D enhanced tax reliefs but didn’t think they would qualify so had not taken it any further with their previous adviser.

How we helped:

  • We undertook a thorough review of the work being undertaken by the business and identified a significant project which qualified for R&D
  • We prepared claims for the current and previous tax year and submitted significant claims to HMRC.
  • The claims were subject to review by HMRC which we managed on behalf of our client and help our client though a telephone meeting to discuss with HMRC
  • Our client received tax savings and refunds in excess of £750,000

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Keywords for: Research and Development