Best Tax Recovery Company 2024
Levy Gera delivers market leading tax services to eligible companies. Some of the areas in which we can assist companies include R&D Tax Credits – including HMRC Enquiries, Capital Allowances, Land Remediation Relief as well as EIS/SEIS share schemes.
With a full team of chartered tax and accounting specialists, together with technical industry specialists and legal experts at hand where required, Levy Gera helps hundreds of companies unlock rewards for their commitment to hard work and innovation. Our fees are solely derived from the value we offer our clients.
R&D Tax Services
R&D Tax Relief, an incentive under HMRC corporation tax, aims to incentivise and acknowledge companies involved in innovation, irrespective of their size or sector. Making a claim can provide a significant cash benefit to the company, potentially up to 33% of the qualifying expenditure identified. These cash benefits can be in the form of corporate tax savings (refunds) on tax already paid and/or payable R&D credit. Companies can also save cash (and use this to continue innovation) by reducing their upcoming corporate tax liability through a successful R&D claim.
Contrary to a common misconception that only companies with research teams in science high-tech labs can claim, the reality is different. Any company, regardless of its sector, spending money on research and development may be eligible for R&D Tax Relief. Levy Gera supports numerous companies across the UK in various sectors to successfully make claims. R&D Tax Relief can offer support for your growth plans, be it further innovation, growing your team, asset acquisition, or profit extraction.
There are currently 2 R&D schemes available, SME scheme (which most companies fall under) and the RDEC scheme. Please note, from accounting periods starting on or after 1st April 2024 the two separate RDEC and SME tax credit schemes will be merged. Meeting the criteria below does not automatically guarantee you eligibility.
SME Criteria
- Less than 500 staff
- Not more than €100m turnover
- Not more than €86m Gross Assets
RDEC Criteria
- 500 staff or more
- More than €100m Turnover
- And, More than €86m Gross Assets.
Gold Standard
We achieve the best results by combining a team of industry specialists, regulated tax advisors and legal experts, where required.
Numerous projects a company undertakes have the potential to qualify for relief, ranging from developing new products, processes, services, materials or making appreciable improvements to existing ones. Sometimes, companies view these qualifying projects as routine aspects of their operations and don’t understand how and why they could qualify whilst other companies put forward their projects for us to submit. Our specialist team is on hand to work with you to determine whether the activities your company undertakes could be presented to HMRC R&D Tax relief.
We then do all the heavy lifting to prepare your claim. Our streamlined process ensures a smooth, seamless and safe experience for claiming R&D tax.
Our Streamlined Process
Tax recovery company Levy Gera has streamlined the claims process to make it really easy for you to make a claim. Our team does all the heavy lifting once you provide us the information for your claim, we aim to minimise the time you need to spend so that this time can be put towards your business.
We aim to have your first claim out within 4 weeks, with the view to get your claim processed within 28 working days. During the process, our team will also begin strategising and preparing your future claims, exploring opportunities to maximise your relief in the long run.
1. We start off with a discovery call with your company
2. An engagement letter sent to your company by ours
3. A technical meeting is then held with your company
4. After this we send our financial information request
5. Claim Preparation, Client Review(s), and Submission
If you have already submitted your R&D claim and would like a complimentary no-cost and no-obligation review, please click here.
If you would like to find out more, please book in for a free consultation or get in touch with us via an email. Alternatively you can give us a call and we will be more than happy to assist you.
