The Research & Development tax credit incentive was introduced in April 2000 by HMRC and is designed to encourage and reward UK based Ltd companies for investing in innovative products, services and processes by providing them with a tax credit of up to 33p for every £1 invested.
Our goal is to provide you with the funds you are entitled to so your business can continuously innovate, improve, and grow. We have a success only fee policy, and the fee only becomes payable upon receiving your benefit. Our success of finding and claiming your R&D is crucial to help us both grow and develop. That’s why Shencoh are trusted by all our clients to ensure the best results for them and their business when claiming back R&D tax credits.
Our process is designed to identify who qualifies for the incentive and achieve the maximum amount available, in the shortest time possible. SHENCOH has successfully claimed over 30 million in Research and Development tax claims for our clients, with the average claim being £54,000 across all sectors.
SHENCOH’s highly skilled team of professionals consists of Research & Cost Analysts, Chartered Accountants, and Solicitors – all of whom have extensive experience in investigating and submitting successful Research & Development tax credit claims, and will guide you through the process step-by-step.