Frequently asked questions
Straight answers on business funding and R&D tax relief. If yours is not here, book a call and ask us directly.
General
What does it cost?
There is no cost to your business for a funding introduction. R&D tax relief claims are prepared on a no win, no fee basis, so you only pay once relief has been recovered.
Can you help with funding and R&D tax relief at the same time?
Yes, and most clients ask us to. One first call covers both, then our finance specialists and our chartered tax team each take their side forward.
Who do you work with?
UK limited companies, from growing SMEs to large multinationals, across most sectors.
Business funding
How much can my business raise?
It depends on turnover, trading history and what the money is for. Most of the facilities we arrange are between £50,000 and £150,000, and the network also covers larger requirements.
How quickly can funding be arranged?
Timing depends on the facility and how quickly information comes back, but it can be fast. One national telecoms business had a six figure facility agreed within a couple of days.
Why not just go to my bank?
Your bank can only offer its own products. We put your requirement in front of the lenders in a network of 146 that suit your business, so you can see what the wider market will offer before you decide.
Will I have to give up equity?
No. This is loan funding, so you keep full ownership of your business.
R&D tax relief
Does my company qualify for R&D tax relief?
You do not need a laboratory. If your team has developed or improved a product, process or piece of software and had to overcome real technical uncertainty to do it, there is a good chance some of the cost qualifies. A first call is usually enough to tell.
How much is a claim usually worth?
For the companies we work with, a typical claim falls between £8,000 and £250,000, depending on how much qualifying work was done and what it cost.
How far back can we claim?
You have two years from the end of an accounting period to claim R&D relief for it, so periods you have already filed accounts for may still be open.
We already claim R&D relief. Is it worth talking?
Yes. We review existing claims for qualifying costs that have been missed, and we can support you through an HMRC enquiry if one is opened.
What happens if HMRC asks questions about the claim?
Our technical experts and chartered tax professionals prepare every claim with the evidence behind it, and they handle the response with you if HMRC opens an enquiry.
Still have a question?
A free twenty minute call with a specialist. No obligation.
