Trustworthiness
We’re 100% committed to you and your business and building a long-term relationship based on mutual trust and support.
If you run an SME business, it goes without saying that making the most of the UK government’s tax credits and grants scheme for research and development is well worth considering.
However, the thing is - millions of SMEs in the country don’t realise they qualify for valuable R&D tax incentives.
R&D tax relief can be claimed by companies that have incurred expenditure on qualifying activities relevant to the company’s trade. The R&D tax relief scheme is designed to encourage UK SMEs to undertake development work on new technologies that substantially improve their products, processes, and devices.
The requirements are purposefully broad. Regardless of your business size or industry niche, if you’re investing time and effort into “resolving technological or scientific uncertainties,” you may be eligible. Moreover, R&D doesn’t have to be a successful outcome to qualify.
At Birdfynn Accountants, we deeply understand what counts as a qualifying expenditure, including what a compliant claim might look like! We first ask you specific questions about whether you undertook a particular project and identify areas of eligibility. Given the importance of this step, it may require us to follow up with you multiple times until we’re sure of the information gathered.
After that, we do the calculations and prepare the claim, which is then submitted to HMRC. We’re rather experienced in helping you negotiate your claim with HMRC to ensure it’s successful. R&D tax credits relief represents an additional corporation tax reduction of 25% of the expenditure incurred, which can be reinvested in your business. SMEs can receive cash back of up to 33% of R&D eligible costs. Work with our R&D tax credits accountants today!
Scope of our services for claiming R&D tax credits
If you’re an SME, our dedicated and reliable R&D tax credits team will help you identify how you can benefit from the scheme and guide you on submitting your file with HMRC. Here’s what our scope of R&D tax credit services includes:
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Detailed discussions with key technical staff to identify the scope of the R&D activity
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Identifying eligible costs and preparing R&D tax credit calculations
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Assistance with the framework of technical report to support the R&D claim
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Submitting the claim to HMRC and dealing with any HMRC queries
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Assessment of company activity and position to confirm the eligibility
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Keeping you updated on changes to the R&D legislation
Who we help
Although we serve anyone who needs our help in accounting,
tax advisory,
financial support, and startup planning, we primarily cater to the following:
Why choose
Birdfynn Accountants
Our level of service is unparalleled in the industry. There are five reasons for that:
Proactiveness
We go the extra mile to develop solutions (no one’s ever thought of) that help you save more tax or make more profit in the long run.
Commitment
Our people-first environment fosters loyalty and job satisfaction from a team committed to fulfilling your needs and minimising hassle.
Out-of-the-box thinking
We approach accounting in a fresh and down-to-earth way. We pride ourselves on creative problem-solving skills and a transparent way of working.
Personalization
You’ll always have access to various services designed to enhance your financial operations and/or improve your business or personal wealth.
Proof from long-standing clients who appreciate our professional yet personal approach
With Birdfynn, I feel like I have a strong financial extension for my company. Over the years, Pratik and his team have always been professional and always presented creative solutions to the challenges that come with scaling and growing our company. I can take better care of my business when they're taking care of my accounts.
Yaya Gadon,
Yaya Creative
Pratik and his team helped us from company setup, to accounts preparation, tax returns, as well as R&D tax grants. Pratik is often the first professional we turn to when we are looking at something new. We value their support as strategic advisers and accountants, and we really appreciate the personal service we get from Pratik and the team. A large part of any working relationship comes down to personalities and we've always found them friendly and approachable and we trust them to do the best for our business.
Ghada Abdelshafei,
Back and Front Smart Systems
My company has been a happy client of Pratik for years buying various accountancy, payroll and investment finance related services. Having a ‘one-stop-shop’ with personal service is a luxury for our kind of small, but ambitious start-up. We truly recommend Birdfynn services!
Tiia Sammallahti,
Doobook
Pratik and his team is always happy to go the extra mile for his client. Great knowledge and experience dealing with various accountancy and tax queries. We have been using Pratik for the last few years and will be happy to continue using his services in the future.
Vilma Arlauskaite,
Futureview Properties
Pratik has been an immense support for us since we launched back in 2017. He is trustworthy, sincere, and really knows how to look after his clients. He’s been instrumental in helping us get our accounts in order since we started. His team has helped us with our R&D tax relief, VAT, payroll, and ad-hoc requests that have come in during the years. His friendly approach and calm composed nature is super-helpful in calming any founder or CEOs worries when it comes to accounting. I highly recommend Pratik and his team.
Asim Amin,
Plum Health
We have been using Birdfynn for all our accounting over the past few years, the team is incredibly efficient and responsive which really helps make managing our accounts a lot easier. I would highly recommend Birdfynn to anyone wanting to save time and streamline their accounting!
Oliver Simons,
Eko Films
Frequently Asked Questions (FAQs)
One of the biggest advantages of the R&D tax credit is that you can claim back a portion of the money you invested in
“innovation,” which refers to building or enhancing processes, products, or devices. R&D tax credits relief represents
an additional corporation tax reduction of 25% of the expenditure incurred, which can be reinvested in your business or
be put back in your pocket.
Read more about the R&D tax relief
If you don’t keep your books tidy, they will not show you a clear picture of your company’s financial visibility. And without
accurate records, it can be challenging for you to track cash flow projections, prepare and file tax returns, and plan for your
company's future. Bookkeeping is the lifeline of your business. Never take it lightly.
Do you need help in claiming
your R&D tax credits in the UK?
You’ve come to the right place! Let's explore how working with Birdfynn Accountants can be a big win for you personally. We’d love to learn more about what you want to accomplish—and—why.
