Roger Hopkins Logo

Useful Information

What is the R&D Claim process?

At Roger Hopkins, our R&D Tax Credits claim process is designed to be hassle-free and efficient. We understand that you are busy running your business, and we don’t want to take your time away from that. We will take care of everything for you, so you can focus on what you do best.

Roger Hopkins R&D Specialist Consultation – To start your R&D Tax Credits claim, one of our specialists will discuss your company’s potential qualifying research and development activities. We will also discuss your goals and any challenges you may be facing to help us make the most of your claim.

How long does HMRC take to process a claim for R&D tax credits
What is the R&D Claim process

Preparing Your Information – After the call, we will gather all of the information you have provided. Our experience in this field allows us to understand what HMRC is looking for, and we will ensure that we have all the required documents to make your claim successful

Making your claim – Our all-inclusive service, which includes technical writing, will ensure that your claim is submitted accurately. With our help, you can be confident that your claim will meet all HMRC compliance guidelines.

Obtaining approval – We can submit your claim within 1-2 business days. Claims are typically approved within six weeks. We will process your refund as quickly as possible once it is received.

If you have any questions about the process, please do not hesitate to contact us.

Do you have a question?

Frequently Asked Questions

R&D, or research and development, is the process used by businesses who are attempting to improve their professional offerings. It is the critical first step for invention, creation and new knowledge, facilitating the conception of new products and procedures to improve existing services, or create new opportunities.

R&D Tax Credits are an incentive introduced by the UK government in 2000 that allows businesses to claim a Corporation Tax reduction in exchange for their innovative projects. It is a method of rewarding businesses across all industries for progressive advancements.

Book a free consultation, via telephone or face-to-face with one of our specialists to discuss your projects. We can check your eligibility, and calculate the estimated size of your claim.

Don’t be concerned if you are unsure of the qualifying criteria, we are experienced in the field and know the questions to ask to collate all the details required.

Yes, you can still claim R&D Tax Credits for old projects. In fact, you can backdate your claim for projects that were actuated within the last 2 accounting years. 

Yes – you can still claim R&D Tax Credits for your ongoing project. The purpose of R&D Tax Credits is to reward businesses for innovating, regardless of whether the project is successful or completed.

Yes, you can still claim R&D Tax Credits for failed projects. The purpose of the scheme is to reward businesses for innovating, even if the project fails. In fact, failed projects can often lead to valuable learning and insights that can help you succeed in future projects.

Only incorporated limited companies can apply for R&D Tax Credits. This means that charities and sole traders are not eligible to claim. If your business conducts a lot of research and development, it may be financially advantageous to go limited. There are many advantages of going limited, and we can advise you further on this change to your business status.

To qualify for R&D Tax Credits, your project must be an attempt to advance scientific or technological knowledge. This can be accomplished by developing new products, services or processes, or by improving existing ones. For example, you might develop a new software program, or a new manufacturing process. If you are unsure whether your project qualifies for R&D Tax Credits, our specialists will be more than happy to discuss this with you.

The amount of R&D Tax Credits you can claim depends on your company size. Small and medium-sized enterprises (SMEs) can claim up to 33% of their eligible costs, while large companies can claim up to 8.8%. The exact amount you can claim will depend on the specific details of your project. 

R&D Tax credits are refunded in three different ways. A Corporation Tax rebate, cash credits, or an expenditure that you may carry forward against future profits.

All we will need is a copy of your recent accounts and completed CT600.

At Roger Hopkins, our standard fee is 20% of the refund amount, with our minimum fee being £1,500.

Possibly. This is generally a request for more documentation, which we handle on your behalf. We pride ourselves on being very thorough with the documentation we provide to HMRC to submit claims.