R&D Tax made simple so you can keep making it happen
Each year, startups and scale ups across the UK use R&D Tax Credits to keep building and growing, without giving up equity.
It can be a complex process though, with high HMRC stakes. That’s why we handle it for you with a simple process and uniquely simple fees where you’ll know what it’ll cost, from the outset.
We’re not afraid of complex claims though. With hundreds of tech and startup clients, R&D complexity is our bread and butter.
- Refunds of up to 33%
- Annual cash injection
- R&D tax expertise
- Simple fee structure
- No refund, no fee
“R&D tax is an annual critical source of funding for us and we’ve used Standard Ledger since the beginning. It’s also been crucial to have the R&D finance option to get us through until we could get some more funding.”
Simple fees so you know what to expect
With our startup experience, we can provide fee transparency where others can’t. It’s simply based on your R&D spend.
- £4,000 for £100k spend
- £8,000 for £200k spend
- £12,000 for £300k spend
- £16,000 for £400k spend
- £20,000 for £500k spend
- £24,000 for £600k spend
- £28,000 for £700k spend
- £32,000 for £800k spend
- £36,000 for £900k spend
- POA for £1m+
If you need us to prepare your technical descriptions, we might need to charge an additional fee but don’t worry, we’ll talk it through first.
How it works
1. Eligibility
We’ll sit down to suss this out with you. Your company needs to be eligible and so do the costs you claim. More below.
2. Narrative
We’ll craft the narrative that supports your claim. If you need us to prepare your technical descriptions, we might need to charge extra but we’ll discuss it first.
3. Calculation
We’ll calculate the expenses you can claim (up to 33% of eligible expenditure going back two accounting years).
4. Application
We’ll bring it all together in your application and prepare the tax schedule that needs to be lodged with it. You’ll also choose whether to receive your R&D Tax Credits in cash from HMRC or have it offset your corporation tax.
5. Lodge + Pay
We’ll lodge your claim with HMRC. Then we’ll ask you to pay our fee. Our ‘no refund, no fee’ policy means if we don’t progress to lodging your claim for any reason, there are no fees.
6. Cash Injection
How much you receive depends on your situation. If you’re profitable, expect 24-25% of your eligible expenses to be refunded. If you’re operating at a loss, expect up to 33%. Remember, this is an annual opportunity!
How it works
1. Eligibility
We’ll sit down to suss this out with you. Your company needs to be eligible and so do the costs you claim. More below.
2. Narrative
We’ll craft the narrative that supports your claim. If you need us to prepare your technical descriptions, we might need to charge extra but we’ll discuss it first.
3. Calculation
We’ll calculate the expenses you can claim (up to 33% of eligible expenditure going back two accounting years).
4. Application
We’ll bring it all together in your application and prepare the tax schedule that needs to be lodged with it. You’ll also choose whether to receive your R&D Tax Credits in cash from HMRC or have it offset your corporation tax.
5. Lodge + Pay
We’ll lodge your claim with HMRC. Then we’ll ask you to pay our fee. Our ‘no refund, no fee’ policy means if we don’t progress to lodging your claim for any reason, there are no fees.
6. Cash Injection
How much you receive depends on your situation. If you’re profitable, expect 24-25% of your eligible expenses to be refunded. If you’re operating at a loss, expect up to 33%. Remember, this is an annual opportunity!
Eligibility (just quickly)
You
- Must be a limited company in the UK, subject to Corporation Tax
- Must’ve carried out eligible R&D activities, and spent money on them
Your costs
- Staff costs incl. agency staff, subcontractors and freelancers
- Software licence costs
- Payments associated with clinical trials
- Consumables (e.g. power and materials used in the R&D process)
These are the main cost areas, broadly speaking.
Forward funding
We work with a number of R&D lenders who forward you up to 80% of your tax credits payout, up to six months before your claim is filed.
That’s six more months to invest, hire and grow.
We align the payouts of your R&D Tax Credits in step with your spending. So you can optimise your cashflow and get ahead of your competition.
Let our expertise maximise your claim.
You deserve it.
scale ups