Itax Advisors Limited

We are a specialist innovation tax consultancy focused solely on assisting UK companies in harnessing government incentives available for R&D. We bring you a wealth of specialist experience, gained across a wide range of sectors. We have a proven track record of enhancing our clients’ claims, not only by value (3x to 10x), but also by strengthening their claims process to deliver, strong, robust claims, supportable with HMRC. Our R&D services include-Preparing R&D claims and supporting documentation for claimants across a wide range of sectors- Helping our clients in securing HMRC agreement on submitted claims- Providing training on claims preparation, should the claimant want to take the claims process in-house- Working with our clients to tailor their reporting systems to facilitate ongoing recording of R&D activities and costs, for planning and budgeting purposes- Reviewing/health checking internally prepared claims etc- As part of our work, we pro-actively raise opportunities to enhance other areas of tax efficiencies. OUR CLAIMS PROCESS The definition of R&D for Tax purposes is quite broad and many companies are unaware that they may be eligible for making R&D Tax claims. There is a general misconception that R&D eligibility is linked with pure research organisations or high tech companies. In reality, companies are often involved in development activities as part of their day-to-day work. We kick off with an exploratory call(s) to understand your business activities and eligibility to claim. Where possible, we scope out and provide an estimate of the potential claim value and benefit to you of claiming. These discussions are free of charge (unless a detailed scope of work is agreed). Based on these discussions we will work out a detailed plan with you to deliver these benefits. To explore if your company is eligible to claim a refund on R&D costs incurred, book in your no obligation consultation with us today.