LimestoneGrey is a leading chartered R&D tax credit consultancy.
LimestoneGrey is no ordinary tax consultancy. We’re here to help and support you through your entire R&D tax credit journey. Claiming R&D tax credits can often seem like a daunting task, but our team of specialists are here to make your claim process as straightforward and simple as possible.
Uncover your R&D tax credit claim’s potential with LimestoneGrey.
The most effective way to discover how much your company is entitled to is to speak with one of our experienced advisors. However, if you would like a ballpark figure, our R&D tax credit calculator will provide you with a guide on how much your claim could be worth.
Why not partner with LimestoneGrey?
At LimestoneGrey, we work with accountants and business advisors on a fee-sharing basis to provide R&D tax credit services to their clients. Our team of specialist tax advisors are on hand to help explore all R&D tax credit options available to your clients.
R&D Tax Credits
R&D tax credits is a complex area of tax. Our role at LimestoneGrey is to break down the jargon and explain R&D tax credits in a simple and concise way, giving you the tools that you need to fully understand the claim process.
What are R&D Tax Credits?
R&D Tax Credits Explained
What are R&D tax credits? Who is eligible for R&D tax credits? How do you claim R&D tax credits? It is easy to get lost in the legislation.
Simply put, R&D tax credits are a Government tax incentive created to reward past research and development efforts. If eligible, a company can reduce their tax bill or, if loss-making, claim a payable credit.
Make a Claim
Whether you are new to R&D tax credits, already claiming or would like to make a referral, we are here to help. We aim to make the process as streamlined, simple and stress-free as possible by working with you or your client every step of the way.
We appreciate that every company is different, that’s why we tailor our service to meet your specific needs, helping you access your R&D tax credit benefit.
Working with LimestoneGrey
Reward Your Innovation
Knowing where to start with your R&D tax credit claim can be daunting, to say the least. That’s why we work closely with you to uncover all of your qualifying research and development activities and costs.
Our experience and knowledge enable us to prepare a robust R&D tax credit submission that will withstand scrutiny from HMRC.
Average Claim Values
Claim up to 33p in R&D Tax Credits for every £1 spent
There’s qualifying research and development happening in many businesses, but some don’t realise it. We could help you claim up to 33% of the money you’ve spent in developing or improving your products, processes or services.
So why don’t all qualifying companies claim? Some don’t realise that what they do could qualify for tax relief and some simply feel they do not have the time. With the average SME claim value worth circa £60,000, the benefit could be a boost to your business.
Our Latest Blogs
From industry-specific tax relief content, to R&D tax credit legislation updates and expert comment from our experienced advisors, visit our blog page for the latest R&D tax credit information. Visit our Blogs Page.
Latest Blog
Autumn Budget 2023: Understanding the Unified R&D Tax Credit Scheme
LimestoneGrey delves into the R&D tax credit changes announced at the 2023 Autumn Budget and explains what is means for your business
27 Nov, 2023
Do I Qualify?
Innovation happens in a variety of businesses across the UK which could make them eligible for R&D tax credit relief.
So, what does a business need to do to qualify for tax credits? You need to demonstrate that your company was undertaking a project that involved technical or scientific challenges that were not easy or routine to overcome. A project could be creating something new, making appreciable improvements to an existing element or working towards duplicating a rival’s breakthrough.
HMRC are interested in the journey, rather than the outcome. The project doesn’t even need to be successful. If you could not find a solution and the project failed, you could still make a claim.