Fiscale R&D Tax Credits Experts
Fiscale Ltd is a specialist in Research and Development (R&D) Tax Credit.
We help companies to claim valuable tax relief from HM Revenue and Customs (HMRC) on investment made in R&D.
We do not offer standard accountancy services. Our focus is solely on R&D Tax Credit claims, which is one of the reasons we have a 100% success rate.
If you innovate and improve the way something works in your joinery business, and the outcome lacked ‘certainty’ in the beginning, you may qualify.
R&D Tax Credit works by reducing a company’s tax bill by an amount equal to a percentage of its allowable R&D expenditure. The tax credit can be used to offset a tax bill, or taken as cash depending on whether your business is currently profitable.
A claim can be submitted for the current tax year, plus two previous tax years. The financial benefit in the first instance can be significant, with an average first claim of £67,000. Claims can be made at any stage of the financial year.
The relief is tax free and there are no limitations as to how it can be used.