Five reasons to use YesTax for your R&D claim
The increase in R&D tax claims being submitted to HMRC in recent years has coincided with the growth in the number of ‘specialist’ R&D advisory firms and general practice accountants offering to prepare and submit claims. The team at YesTax has worked in the R&D tax sector for over a decade and has seen the good, the bad and the downright ugly when handling enquiries on claims prepared by other advisers. The growth in the ‘specialist’ adviser market means there is more choice than ever when searching for someone to handle your claim. However, at YesTax, we’re confident that we have the best and most experienced team in the country. A quick glance at our Director profiles will confirm this! In the short article, we look at five reasons why you should appoint YesTax as your R&D tax adviser.
Our experience
Experience counts for a lot in the professional service sector. We’ll never stop shouting from the rooftops that we’ve seen it all and done it all where R&D tax is concerned. From being members of HMRC’s R&D Consultative Committee, to offering an enquiry resolution service for accountants, our key staff have held senior positions (including owning the UK’s first R&D tax advisory firm) in some of the UK’s most established tax practices. Put simply, you’re in the hands of experts when you appoint YesTax.
Our knowledge of HMRC
Working in the R&D advisory sector for over a decade has meant the team at YesTax has developed intimate knowledge of how HMRC operate when it comes to R&D tax claims. We sit on the HMRC R&D Consultative Committee which means we’re always up to date on the latest legislation and guidance changes, meaning your claim is compiled with expertise and accuracy. A good relationship with HMRC doesn’t mean your claim will get prioritised (despite what anyone says in their marketing literature!) but it does mean we can have a sensible conversation about any subjective areas of your claim.
We partner with accountants across the UK
YesTax partners with dozens of accountants across the UK. This demonstrates two key points. The first is that we are a trusted partner of other professional advisers. We see referrals as the highest form of compliment in that we are being trusted by an accountant to advise their precious client. Secondly, there’s a good chance we work with your accountant already, which means the whole claim process is seamless, from compilation of the claim to submission of the tax return to HMRC.
Our philanthropic business model
YesTax is the first professional services company in the UK to pledge 2.5% of its turnover to charitable causes. We’re extremely proud of this and helping others was one of the main reasons we joined forces to create the company. By being a client or referral partner of YesTax automatically means you are pledging funds to worthy causes. Need we say more!?
We’re good to deal with
When we individually took the decision to break away from working for a large corporate, one of the main pull factors was to return to family-friendly, client focussed approach to tax consultancy. We never lost the desire to work this way, but chained by the shackles of working at a large company meant we couldn’t truly create the culture that we wanted to operate in. Our desire is simple: create a friendly, flexible, fun and exciting tax consultancy practice that our clients enjoy working with. We’re on the road to achieving this, but we’ll never stop perfecting our culture.