ARTAX CAPITAL
Here at Artax Capital we are a leading R&D tax incentive consultancy based in the UK. We manage over £20 million in R&D tax incentives annually for a diverse range of clients, including some of the UKs best known businesses.
Our ethos at Artax Capital is to maximise benefit for our clients while keeping the process as simple as possible so that our clients can focus on running their business.
100%
Success Rate
100%
Satisfaction
R&D Tax Credits
The complete R&D tax relief service
Already claiming R&D Tax Credits?
Having built an in-house team with collectively over 25 years experience in claiming R&D Tax Credits, we have specialists in place to cover all sectors ranging from sports scientists, engineers, accounts & technical people to enable maximum benefit for your business. If you already have an application with another advisor or you are not happy with your claim or current claim status, we can take over and assist you at any stage. Speak with one of our R&D specialists to see how we can assist you.
First time claiming R&D Tax Credits?
Our job at Artax Capital is to make the process as simple as possible whilst helping our clients gain maximum benefit from the R&D Tax Credit scheme. Our in-house consultants and specialists will guide you through the process every step of the way.
How we can help
How does tax relief work?
Initial call to understand your business and identify areas of eligibility
Agree Terms &
sign up
Technical meeting
Claim overview
& Risk Assessment
Submission to HMRC for acceptance
How can you achieve R&D Tax Incentive?
At Artax Capital, we determine if your business activities qualify you for R&D Tax Credits and assist you through the application process.
Artax Capital Team
Our in-house team includes R&D specialists, accountants, and industry analysts who will walk you through the entire process. Because we have an accomplished R&D tax relief team, we will provide you with factual information when needed to cover every aspect of your application to ensure maximum benefit and maximum satisfaction for our clients.
Our Process
Why Artax Capital?
After an initial meeting to identify areas of eligibility we then gather all the relevant documentation needed to support your application. We will then schedule a technical meeting to gather all technical data needed to write a comprehensive report. After the technical process is complete we then submit your R&D claim application after extensive review.
Our main objective at Artax Capital is to make the process as simple as possible whilst helping our clients gain maximum benefit from the R&D Tax Credit scheme. Our in-house consultants and specialists with collectively 25 years of experience in the sector will guide you through the process every step of the way.
R&D Tax Credits are a tax incentive from the UK Government designed to encourage companies to invest in R&D. The scheme has been around since 2000 and last year over 48,000 UK companies claimed almost £4.3bn in tax relief. Only Limited Companies qualify – the scheme is not available to sole traders or partnerships. R&D tax relief can be used to reduce your tax bill or paid in the form of cash credits for loss-making companies.
FAQs
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R&D Tax Scheme ExplainedTo qualify for R&D tax relief, the company must account for Corporation Tax, but the relief is available to both profit and loss-making businesses.
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Does my business qualify?If you can answer ‘Yes’ to most of these questions then, based on our experience across thousands of clients, it looks like you could have a successful claim: Have you developed new tools, products or services using technology? Have you tried to improve your existing products through technical changes? Have you had to resolve technical problems with any of your products? Have you found more efficient ways to produce your products or services? Have you experimented with new equipment or production techniques? At the start of a project, did you ever think ‘I’m not sure of the best way to do this’? Have any of your projects failed for technical reasons?
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What is claimable within my business?Staff costs, materials, utilities, reimbursed travel costs, light & heat, and subcontractor costs are most common & are the main areas in which you can claim from.
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How does the R&D Relief Scheme work?Companies that invest in developing new products, processes, or services, as well as improving existing ones, qualify for R&D tax relief. If you spend money on innovation, you can claim an R&D tax credit to receive a cash payment and/or a Corporation Tax reduction. The potential for identifying R&D is vast and it exists in every industry. In addition, if you are claiming for the first time and have been trading for over two years this will allow you to claim for two previous Tax years.
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What are the benefits?The benefits of the programme include increased cash flow, which is especially important to small, developing companies. It also encourages development of a corporate philosophy that embraces innovation and improvement.
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Any additional cost?We charge no up-front costs, and should we fail to identify a claim then we will not charge you a fee at all. In other words, we operate on a ‘No Win, No Fee’ basis.
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What are R&D Tax Credits?Tax credits for research and development (R&D) are a government tax incentive put in place to reward UK businesses for investing in innovation & research and development. They are a useful source of capital for businesses to invest in advancing R&D, hiring new employees, and subsequently allowing businesses to expand.
Get in touch
Artax Capital Ltd.
2 Mayflower Close
Hertford
Hertfordshire
SG14 2LH
0203 884 9236