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About Innovation Plus

Innovation Plus is a boutique advisory firm providing expert assistance to companies with their R&D tax credit claims as well as to accounting firms who need additional expertise in this specialist area. We currently comprise a team of 5 whose aim ...

R&D Tax Credit success stories

With our many satisfied clients, here is  a sample of what they have said about us: Claimed : Over £375,000 We had made a successful claim several years earlier but were then incorrectly advised by a large national firm of accountants that we c...

We offer an unrivalled expert service for managing R&D Tax Relief claims.

We currently comprise a team of 5 people, having started as a boutique specialising in R&D Tax Relief in 2009. We comprise both R&D tax experts, and technology experts. Since our start we have achieved a 100%  success rate and 0  HMRC enq...

Architecture Case Study - May 2017

Innovation Plus Case Study -  A Highly Successful R & D Claim in the Architecture Sector Since their formation in 2008, our client had established itself as one of the UK’s most exciting and innovative architectural practices. Their expertise in...

Contact Us

Innovation Plus R&D Tax Relief Advisers 9 Devonshire Square London EC2M 4YF UK Phone: 020 3004 9243

How to Claim R&D Tax Credits - Our Process

We help you claim R&D Tax Credits with full management of the process from beginning to end. We aren't like the accountants who ask you to calculate how much R&D you have, prepare your own documentation and are unable to help you if HMRC en...

Step 01 Engagement

Engagement: We send you our engagement letter outlining our terms of business, and allocating your claim to one of our directors who will take overall responsibility for supervising your claim, from beginning to end. They will provide you with a single...

Step 02 - Initial Assessment

Initial Assessment: From the financial information you provide and initial technical discussion, we assess at a high level both your tax position and technology activities to determine if you are likely to qualify and if so, the level of the likely benefit....

Step 03 - Collect Technical Information

Collect Technical Information: Our experienced analysts carry out technical interviews with your key technology staff. We take the technical information and use it to determine the extent to which projects and activities qualify under the R&D scheme...

Step 04 - Collect Financial Information

Collect Financial Information: We work with you to extract the qualifying costs (broadly, staff costs, subcontractors, contract workers, utilities, prototype costs and software) from your financial records and ensure that any ineligible costs are excluded...

Step 05 - Map Costs onto Technology

Map costs onto Technology: Having determined which projects and activities qualify, we take the financial information that you have provided to us that contains the qualifying costs, and map the two elements together to determine the total value of the...

Step 06 - Prepare R&D Claim Pack

Prepare R&D Claim Pack: Once the financial and costing stages have been completed, we prepare a detailed claim pack that shows HMRC exactly what is being claimed and why it qualifies under the legislation, as well as providing a detailed breakdown...

Step 07 Client Review

Client Review: We recognise that it is your R&D claim and we always work in partnership with our clients to ensure that they are in control of the review process and happy with the claim pack before anything is submitted to HMRC. We update the claim...

Step 08 Claim Submission

Claim Submission: We send your claim pack directly to the HMRC specialist unit that is responsible for dealing with your claim and verify with them that the claim has been received.

Step 09 Liaise with HMRC

Liaise with HMRC: We contact HMRC regularly to ensure that your claim is being processed and to answer any questions they may have. Due to the high quality of the claims we submit, we have excellent working relationships with many inspectors so that...

Step 10 R&D Tax Credit Received

R&D Tax Credit Received:  We proactively chase payment and ensure that funds are received by you in good time. 95% of claims we handle tend to be paid out within 28 days, but many in less than that. We don’t charge a penny until your claim payment ha...

How to Make a R&D Tax Claim

How to make a R&D tax claim is frequently the first question that many companies ask when they find out about the scheme for the first time. In theory, the answer is very simple. All a company needs to do is to fill in the appropriate boxes on th...

Introduction to the French R&D Tax Credit scheme (Crédit Impôt Recherche – CIR)

France offers a generous research and development tax credit scheme. If you are a UK business  that is subcontracting R&D work to France, or performing R&D in France then read on. For more information on the UK R&D Tax credit scheme click here . ...

R&D Tax Credits for Architects

R&D Tax Credits for Architects? But we don't do any R&D... One of the most common reactions that we hear from architects when we introduce them to the R&D tax relief scheme is ‘But we don’t do any R&D’.  For many architects, R&...
R&D Tax Credits for Cleantech Companies

R&D Tax Credits for Cleantech Companies

Clean technology is an area for technological pioneers, where plenty of time and money is spent in development. Claiming R&D Tax Credits can help your cleantech company reclaim some of that money spent on time and materials. Your company can receive ...

R&D Tax Credits for Manufacturing

R&D Tax Credits are a valuable incentive for manufacturing companies. They allow them to address changing consumer needs and expectations, new domestic and international trade entrants into your market, increasingly demanding industry standards, c...

R&D Tax Credits for Software Development

Claiming R&D tax credits for Software Development are not necessarily easy to understand, in terms of what qualifies. Micah Levy, our Managing Director, explains more below. Micah has been responsible for assisting hundreds of companies with more ...

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Not sure if you qualify for R&D Tax Relief?

One of our R&D tax experts will call you to determine if your company can benefit from the scheme BOOK A FREE R&D TAX CONSULTATION Contact Request Form × What: R&D Tax Relief is the primary UK incentive for promoting ...

PPC Contact

Calculate Your Relief Please fill out a few details below and we'll be in touch to discuss your claim.

Privacy Policy

What information do we collect? We collect information from you when you register on our site, subscribe to our newsletter or fill out a form. When ordering or registering on our site, as appropriate, you may be asked to enter your: name, e-mail...

R&D Tax Credit Calculator

Our R&D Tax Credit Calculator just needs the answer to 4 simple questions and you will be able to see how much your claim could potentially be worth to you at the current rates. For R&D tax rates before April 2015, see the historical R&D ...

R&D Tax Credits - A valuable incentive for UK companies

Here at Innovation Plus our forte lies in supporting the growth of companies of all kinds, improving their cash flow by assisting them in their R & D tax credit claims. With unrivalled industry knowledge and proven methods to bring our clients success,...

R&D Tax Credits for Anaerobic Digestion

Many developments in the field of Anaerobic Digestion (AD) may qualify for Research & Development Tax Credits. While R&D for AD may appear at first glance more to relate to innovation in scientific research, the definition of what qualifies...

R&D Tax Credits for Product Development

R&D Tax Credits are mainly claimed for Product Development. However, many companies think of R&D as only "Research" and not the "Development" The tax definition of what qualifies as R&D is very broad and the overwhelming majority of our...

Reduce your R&D costs by 33% with tax credits

R&D Tax credits can reduce your costs by up to 33%. REQUEST CALL-BACK Contact Request Form × What: R&D Tax Relief is the primary UK incentive for promoting innovation through a benefit of up to 33% of R&D costs ...

R&D Tax Credit SME Definition

The R&D Tax Credit SME Definition requires that  a company must have less than 500 staff, and less than either of 100m Euros turnover or 86m Euros of assets. However, this is assessed on a group-wide basis as per the EU definition described here . Th...

Research and Development (R&D) Relief for Corporation Tax

This page shows the latest published changes to the main HMRC R&D page like this  140 new words, 235 deleted words, 7% change Research and Development (R&D) Relief for Corporation Tax Research and Development (R&D) Relief is a Corporation ...

Concerned about your R&D Tax Relief Claim? - Consider a Pre-submission check.

If you are worried about your UK R&D tax relief claim and whether it will be successfully accepted by HMRC our claim pre-submission checking service may be of interest to you. We can review your R&D projects, tax credit claim calculations...

HMRC R&D Tax Credit Enquiries and Claim Defence

It is a normal part of the HMRC risk assessment process to investigate claims both where there is a risk that the claim has not been compiled correctly, and also by carrying out random checks. Additionally, a claim is checked for arithmetical errors and...

Making an R&D Tax Claim with Innovation Plus

We help businesses of all sizes grow and improve their cash flow by assisting them in claiming R&D Tax Relief. Every claim is reviewed by specialists at an early stage in our process to ensure eligibility and if we determine that your work doesn't...

R&D Tax Credits for Accountants

Many accountancy firms or small tax advisors are financial specialists but not science or technology specialists and are not sure if the work that their clients do will qualify for UK R&D tax relief. As such they frequently rely on the clients...

SME R&D Tax Credit Claim Pack

This pack is designed for Small and Medium Size Enterprises who wish to prepare a UK R&D Tax Credit claim. While expert advice will allow you to maximise your claim, and with no-win no-fee arrangements, there is no up-front cost, nonetheless we recognise...

Training

One of the key elements of the R&D scheme is that as part of the broader self-assessment regime, it relies on the claimants understanding the nuances of the scheme in order to assess which projects are eligible as R&D and furthermore, within each...

Terms and Conditions

This site is provided for use by our clients and potential clients only. Any competitors are unauthorised to use any material on this site and no permission is given to access it. While we have made every attempt to ensure that the information contained...

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What is R&D Tax Relief?

Research & Development (R&D) Tax Relief is the primary UK incentive for promoting innovation through a benefit of up to 33% of R&D costs that includes testing, experimentation, software / product development and process improvement. Any...

What Qualifies for R&D Tax Credits?

What qualifies for R&D Tax Credits is often the first question that is asked about the scheme and with hundreds of pages of legislation, the answer is often not apparent. The "simple" technical answer is that it is the qualifying costs incurred i...