Tax Rebate FAQs
This depends on many factors such as eligibility and age e.g. how many years you are going back, across the board our average claim is around £1,500 however certain sectors like the MOD/Forces is £2,500 - we have a handy calculator that gives you an estimate.
There are many things that can contribute to your tax rebate claim - some of the most common are Travel and accommodation, Uniforms, laundry and food, Tools and equipment, Licence fees and union costs
Go to our Tax Rebates page for more info.
No, you don't have to tell anyone, tax matters are between you and HMRC.
You can claim for a maximum of 4 years.
Your tax code can change on a regular basis - we always recommend that you contact us to make sure you haven’t overpaid tax.
Absolutely not, tax rebates won't cause any impact on other benefits such as child/working tax credits etc
R&D Tax Credits FAQs
It usually takes our team 5 working days to prepare and send off your claim to HMRC. Generally, HMRC aims to process R&D Tax Credit claims for SMEs within 28 days however numerous factors such as the number of claims they are dealing with and the time of year e.g. near Christmas can cause delays.
The time limit for research and development (R&D) claims is two years from the end of your accounting period.
Typically HMRC pay within 28 days of the claim being approved, although this does not include the payment transfer time which can be 5-10 working days.
This depends, some of the options include cash rebates, loss reliefs, corporation tax savings or a mixture of a few. Please contact us to find out more info.
This varies on a case by case basis - however, most claims are completed with minimal input by your side - we have experts that will contact you for basic information and create a full illustrated document to support your claim as part of the service. Please submit an enquiry and we will be happy to show you some examples.
The following are examples of costs that can be included in your claim; such as Staffing costs, Software, Contractors and Consumables
Unfortunately not, dividends are not classed as qualifying expenditure for the purposes of R&D Tax Claims.