Innovative Partners UK
Financial Services - London, England, United Kingdom
Innovative Partners UK Employees
Innovative Partners UK Details
Innovative Partners is a highly skilled and experienced, independent consultancy.Our team will help you reduce your overall tax burden through the use of R&D tax credits using our in-depth industry knowledge and expertise.Claiming R&D relief can be a straightforward process, yet as all things tax based it is just as easy to get the process wrong.Our specialist team can make things simpler for you; we have a streamlined process that ensures claims can be turned around in a matter of weeks, and with minimal disruption to your business.This means that you and your team will remain free to do what you do best, whilst we take care of your R&D tax relief claim.What's in it for you? The estimated total number of R&D tax credit claims for the year ending March 2020 is 85,900, an increase of 16% from the previous year. The increase is primarily driven by a 16% rise in the number of SME R&D claims to 76,225.The estimated total amount of R&D tax relief support claimed for the year ending March 2020 is £7.4 billion, an increase of 19% from the previous year. This corresponds to £47.5 billion of R&D expenditure, 15% higher than the previous year.There is a concentration of claims by companies with registered offices in London (20% of total claims and 31% of total amount claimed), and the South East (15% of total claims and 18% of total amount claimed). However, the registered office location may not be where all the R&D activity takes place.The Information and Communication, Manufacturing, and Professional, Scientific and Technical sectors continued to have the greatest volume of claims, making up 64% of claims and 69% of the total amount claimed for the year ending March 2020.The total support claimed through R&D schemes for the year ending March 2020 is estimated to be £7.4 billion. This is an increase of 19% from last year's total of £6.3 billion.Are you claiming what is rightfully yours? call us 07787520680 and make a start
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