#NationalSimplicityDay - The simplicity of the R&D Tax Credits Claims Process with Recoup

Happy 12th July, which also happens to be #NationalSimplicityDay! We have always been told to enjoy ‘the simple things in life’, and we are here to tell you today that there is nothing simpler than the process of applying for R&D Tax Relief when you apply with us at Recoup. 

This blog lays out ALL we need from you to make a claim… It really is this simple! 

What do we need from you?

Claiming R&D Tax Credits, a lot of people think it's a long winded or arduous process. We’re here to show you that it’s not! 

We won’t ask you for anything out of the ordinary: all that we ask from you we can guarantee you will already have if you’ve documented and filed things well!

We will ask you to gather financial information, such as your full accounts for two years and the list of your payroll. 

All this information should be easily accessed through your accountant! If your accountant is organised then they should already have everything we need on an email within 10 minutes

You will then take a call with Recoup’s chartered tax advisor. We’re very friendly and full of knowledge ready to answer any questions you may have!

Our chartered Tax Advisor will then draw out the technical challenges faced or the innovations implemented around your products, processes or services.

From there, we’ll manage the entire R&D claim process.  

Our customers tend to see funds in their accounts between six to eight weeks.  

Please note: Claiming R&D tax credits on your own is possible, but be prepared to spend more time and energy managing the claims process. When claiming with Recoup, all this stress is taken away from you so you can pour your time and energy into other aspects of your business!

 What are you waiting for? Start the first of these simple steps today by getting in touch!