Specialists in R&D Tax and other innovation incentives
The UK Government has committed to raising investment in Research and Development (R&D) to 2.4% of Gross Domestic Product (GDP) by 2027. To further this objective, generous tax relief and grant funding schemes are available for companies undertaking research and development.
iTax Advisors Limited is a specialist innovation tax consultancy focused solely on assisting UK companies in harnessing these government incentives.
Why companies work with us
- Navigate the complex R&D landscape. We are an experienced team with a strong focus on preparing claims for R&D Tax incentives. We help companies navigate the complex landscape of these reliefs, to ensure they receive the maximum benefits they are entitled to.
- Comply with Professional Conduct in relation to Tax. We comply with Professional Conduct in Relation to Taxation (PCRT), the professional standards expected of tax advisers. These standards also require members to: keep up to date with new developments in accounting, tax and related areas; hold Professional Indemnity Insurance; be registered for AML supervision; and, comply with a robust code of ethics. All our claims are prepared to a very high standard of quality.
- Robust, fully supported claims. Quality and risk mitigation are at the forefront of all work undertaken. All our claims are fully supported with detailed calculations and technical documentation and are in line with HMRC’s expectations. This minimises the risk of HMRC enquiries into the claims.
- Peace of Mind: Knowing that their R&D and wider innovation tax strategy is in safe hands, gives our clients peace of mind, allowing them to focus on their core business activities with confidence.
- Other connections in the industry. Through our strong connections in the industry, we provide valuable insights and connect you to potential partners such as patent attorneys and trademark specialists for IP protection and commercialisation, for which further tax reliefs, such as Patent Box Tax Reliefs are available, which we can assist you with in claiming.