R&D Tax Credits

Research & Development Claims Made Quick & Easy

The R&D tax credit scheme rewards businesses investing in innovation. We help companies identify eligible activities and submit HMRC-compliant claims to reduce tax liabilities and improve cash flow.

The Research & Development (R&D) tax credit is a government incentive designed to support businesses investing in innovation. If your company develops new products, processes, or technologies, you could claim tax relief or receive a cash credit from HMRC.

At Launch Accounts, we ensure businesses maximise their R&D tax credit claims, reducing corporation tax liabilities or securing tax refunds.

Our R&D tax credit services include:

Assessing eligibility – Identifying qualifying R&D activities in line with HMRC guidelines
Financial analysis – Calculating eligible R&D expenditure and potential tax relief
Claim preparation & submission – Compiling reports and submitting R&D claims to HMRC
Liaising with HMRC – Managing any queries to ensure smooth processing
Maximising tax relief – Ensuring businesses claim the highest possible amount

Many businesses miss out on R&D tax relief because they don’t realise they qualify. If your company invests in developing new technology, software, engineering solutions, or scientific advancements, you could reduce your tax bill or receive a tax refund.

R&D Assessment

Identify qualifying R&D activities to maximise your tax relief claim.

HMRC Submission

Expertly prepared claims submitted to HMRC for a smooth approval process.

Claim Preparation

We handle documentation and calculations to submit a robust R&D claim.

Audit & Compliance

Ensure full compliance and liaise with HMRC to defend claims if challenged.

What are year-end accounts, and why are they important?

Year-end accounts are a summary of your company’s financial activity over the accounting period. They include a profit and loss statement and a balance sheet. These reports are required for compliance with Companies House and HMRC and help businesses assess financial performance and tax obligations.
When do I need to file my accounts with Companies House?

Limited companies in the UK must file their annual accounts within 9 months of the company’s financial year-end. Filing late can result in penalties, so it’s essential to work with a reliable accountant like Launch Accounts to meet deadlines.
What cloud accounting software do you recommend?

We specialise in Xero (but can also work with other cloud accounting software) and work with businesses already using the platform to optimise their accounting processes. As Xero experts, we ensure your financial records are accurate, compliant, and efficient, helping you get the most out of cloud accounting. If you're currently using another system, we also provide seamless migration to Xero, ensuring a smooth transition with minimal disruption to your business. With automated bank feeds, real-time financial insights, and effortless tax submissions, cloud accounting makes managing your finances easier than ever.
What’s included in your year-end accounts service?

Our year-end accounts service includes: Preparation of financial statements (profit & loss, balance sheet) Companies House submission Corporation tax return (CT600) filing with HMRC Cloud accounting support for Xero Tax efficiency advice to help minimise liabilities Year-end accounts virtual meeting
How can I switch my accounting to Launch Accounts?

Switching to Launch Accounts is seamless. We handle everything, from liaising with your previous accountant to registering as your Agent with HMRC. Many clients worry that changing accountants will be complicated, but the process is straightforward, and your current accountant is required to provide the necessary information. We make the transition smooth, ensuring minimal disruption while keeping your accounts compliant and up to date.

Let’s Talk About Your R&D Tax Claim

Need a hand with your R&D? Give us a shout!

R&D tax relief can reduce your corporation tax bill or provide a valuable tax refund. We ensure your claim is maximised and HMRC-compliant.

Start the conversation today – get in touch to see how we can help.