R&D Tax Credits

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Many innovators in the UK are not fully taking advantage of the R&D Tax Credits because either they have misconceptions about its eligibility or have confusion regarding its documentation, qualification actions, expenses, and what to do after the credit is claimed.

The R&D tax credit offers an additional source of cash for various research-based businesses. Our team of experts and accountants conduct a thorough analysis of your operations to find qualifying activities and maximise your R&D credit claim's value legitimately.

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R&D Tax Credits

head-shape

Many innovators in the UK are not fully taking advantage of the R&D Tax Credits because either they have misconceptions about its eligibility or have confusion regarding its documentation, qualification actions, expenses, and what to do after the credit is claimed.

The R&D tax credit offers an additional source of cash for various research-based businesses. Our team of experts and accountants conduct a thorough analysis of your operations to find qualifying activities and maximise your R&D credit claim's value legitimately.

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Our Expert Services

It's Never too Late to Claim Your Rewards for Your Innovation
R&D Tax Credits

We help clients discover hidden research & development in their businesses to receive great relief from corporation tax through HMRC's R&D tax scheme.

R&D Tax Grants

Our team can identify, apply, and qualify clients for the best grants for research initiatives that are yet to begin to co-exist with R&D Tax Credits.

R&D Capital Allowances

Also known as RDAs, Businesses can now claim 100% tax relief for capital expenditure incurred on the qualifying R&D activities.

Patent Box

Patent Box can reduce a firm's corporate tax by half by reducing the rate to 10% on any profits attributed to patented inventions. Check your eligibility with us.

Intellectual Property and Creative Sector Tax Credits

We protect clients' intellectual properties by restoring their corporate structure and assess their firm's eligibility for the eight creative sector tax credits.

Video Games Tax Relief

Game developers can receive a tax relief worth up to 20% and reduce the corporation tax bill. We can help you get the most out of such relief.

Learn More About Other R&D Tax Relief Benefits from Our Experts

Why Should You Consult Our R&D Credits Professionals?

Leading R&D Tax Credits Consultancy

We have 100% success rate, meaning HMRC has qualified all our claims in full.

No Major Investment

You pay a mutually agreed fixed price only when you receive your claim. We promise.

More than R&D Credits

You get a legit team of tax planners, accountants, & advisors at your disposal.

Guaranteed Results

Our proven strategy has helped many UK companies qualify legally for claims.

Worried About Switching Accountants?

We manage all the nitty-gritties of onboarding and help you discover how dedicated cloud-driven accounting solutions can transform your  financial management.

Our switching process is simple and cost-effective. We shall contact your current accountant to get your financial information and transfer it into 123Financials dynamic infrastructure in your budget.

Rest assured, our industry-specific experts and newer technology can seamlessly propel growth and bring new revenue avenues.

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Client Testimonials

Acknowledgement for 123Financials' general assistance and guidance during challenging circumstances, offering clear updates on COVID-19 and defining the Chancellor's rescue package quickly. The team's support is considered an asset in difficult circumstances.

Andrew Mcdonald
Andrew Mcdonald

As a newcomer to the world of self-employment, 123Financial proves indispensable in articulating claimable expenses and assisting in setting up a limited company. Their forward-thinking and proactive approach makes them highly recommended.

Fiona H
Fiona H

Hiring 123Financial as our outsourcing accounting team has proved to be outstanding in completing our tasks quickly. Their proactive initiatives ensure the job is done right the first time without lounging around on our watch!

Israel Fernandez
Israel Fernandez

Secure Your Future R&D with Deserving Tax Credits

All you need is a 10-minute phone call with our expert to discover the gems hidden in your business that you can claim for tax reduction.

  • The HMRC will directly pay your claims. We won't handle your cash.
  • Rest assured, we will process your claim every year, right from filling applications to getting it approved.
  • We work on a fixed fee. The longer you are with us, the lesser you pay.
  • With our R&D credit tracker, you can access all ongoing Tax Credit Schemes.
  • You can claim for all your innovative activities – there is no limits or exceptions.
  • Talk to us to learn which business costs can you claim from HMRC.

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Focus on running your business while we deliver its fuel.

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