Those with FOMO (Fear of Missing Out) should read this now!

News
12/11/2019

Over 95% of midlands based businesses are missing out on substantial cashback payments via the Government back R&D Tax Credits scheme.


Is this your business?


Introduced by the UK Government in 2000, the R&D tax relief scheme is designed to encourage innovation and global competitiveness by allowing companies to reclaim some of the money invested in qualifying research and development. SMEs can recover up to 26% (if in profit) and 33.35% (if loss-making) of all eligible R&D expenditure. Large companies/ organisations can benefit from an after-tax benefit of 9.72% of the qualifying R&D expenditure. Many UK organisations miss the opportunity to reap the potential rewards offered by HMRC’s R&D Tax Credit scheme.


There’s a good practical reason why the claims aren’t happening:


It’s out of the process. It’s simply not in the daily operational focus of almost any company, but it is that of Datafox R&D Tax Credits claims experts.


In the last 12 months, Datafox has successfully processed an astonishing £27 million worth of claims, all managed through our fast, efficient and transparent claim process.


Discover how your business could benefit from our proven claims process by contacting Jonathan.Leefield@Data-fox.co.uk