Review your March year-ends
Now that you’ve managed to get the 31st January deadlines out of the way, this is a friendly reminder about identifying R&D opportunities for your March year-ends. March is a particularly popular year-end, and so the 2-year deadline to claim R&D tax relief will affect a higher number of businesses than any other time of the year.
You can claim R&D tax relief going back 2 years, but the window to claim (for the March 2018 period) closes on 31 March 2020.
So, now is a good time to review your March year-ends to ensure you don’t miss any valuable opportunities.
If your client is:
- a limited company;
- in any of these sectors;
- agriculture
- architects
- biotechnology
- clothing & fashion
- building and construction
- cosmetics & skincare
- digital marketing & gaming
- distribution & logistics
- energy & utilities
- engineering
- food & drink
- foundries
- injection moulding
- plastics & rubber
- insurance
- manufacturing
- marine
- aerospace & rail
- materials & chemicals
- medical devices
- packaging
- pharmaceuticals & healthcare
- printing
- security
- lighting
- electrical & mechanical
- software & IT
- telecommunications
- travel software
- waste management & recycling
- doing anything differently… Responding to bespoke customer requests?
They’ll no doubt benefit from a useful conversation (we don’t mind if they qualify or not, we’re happy to explore and advise, free of charge!!)
Let YesTax do the talking...
Following an introduction, we will:
- Diligently follow up the lead
- Have an initial conversation to thoroughly understand their business activity
- Explain the qualifying criteria in the context of their business and make an assessment as to their eligibility to claim
- Identify relevant costs and report back to you with the outcomes of the conversation
- Pending your client is qualifying, their claim will be compiled perfectly in line with the requirements set by HMRC and best practice – your client will be in the hands of industry experts and you will be fully informed on the progress of the claim
If you have any queries, or if we can be of any assistance, please get in touch
0114 5537850