The situation beforehand

The company was paying corporation tax but had not previously claimed the tax relief available for R&D. This reduced their profits and restricted the growth of their business.

Their accountant and board had limited experience in this field and were uncertain whether any expenditure qualified. This made them unsure about the tax regulations and reluctant to devote any time or effort to preparing a claim.

Zeta-pdm Ltd needed guidance to identify the key financial information, to produce the case and supporting evidence, and then to deal with any queries arising from HMRC.

The success we've achieved

Hallidays’ R&D team carried out a review and advised what could be included in the claim. This provided them with the confidence that making a claim would be worthwhile.

We worked closely with Zeta-pdm to identify the financial and operational information required by HMRC. Subsequently preparing the claim for submission which saved them valuable time.

Hallidays provided the company with the reassurance that was needed, showing that the tax claims were in expert hands. As a result, the company received a refund in excess £52K for a two-year tax.