R&D Tax Credits · South East
R&D tax credit claims in Borehamwood
R&D relief for software, engineering, manufacturing and science businesses in Borehamwood. We do not take a cut of your credit and we do not file claims we would not defend. The eligibility review is free, the full claim is £999, larger claims over £100,000 of qualifying spend are £1,999, and enquiry support on an existing claim is quoted after review.
from £999 · fixed, per claim
Next deadlines
- R&D claim deadline: 2 years after the end of the accounting period (and the pre-notification window of 6 months after the period for first-time claimants)
- Company tax return (CT600) due 12 months after your year end (a 31 December year end files by 31 December)
- Corporation Tax payment, 9 months and 1 day after your year end (a 31 December year end pays by 1 October)
- R&D claim deadline: 2 years after the end of the accounting period (and the pre-notification window of 6 months after the period for first-time claimants)
Who this is for
R&D Tax Credits for Borehamwood
Limited companies in Borehamwood that have tried to achieve an advance in science or technology and faced genuine uncertainty doing it: software firms building something that did not exist, manufacturers developing new processes or materials, engineering businesses solving problems off the standard path, and food, biotech and clean-tech companies with development spend to recover.
What is included
Everything inside the fixed fee
- Eligibility review against the statutory definition of R&D for tax purposes, with a written yes or no
- Advance notification to HMRC within six months of the period end for first-time and lapsed claimants
- Technical narrative for each project: the scientific or technological uncertainty, the advance sought and how it was resolved
- Qualifying expenditure computed: staff costs, subcontractors, externally provided workers, software, consumables and data
- The Additional Information Form completed and submitted before the CT600 is filed
- Claim entered on the CT600 and the relief or payable credit tracked through to HMRC's payment
How it works
R&D Tax Credits from Borehamwood, step by step
Scope the job
We find out what you need filed, when it is due and what state the records are in, and tell you which fixed-fee package applies.
Agree the price
The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.
Hand over the records
Photographs, PDFs, software access or a spreadsheet, sent however suits you. We confirm what we have and what is missing within two working days.
Approve, then we submit
You review the draft with our explanation, sign off, and we file. Receipts, copies and the next deadlines come back to you immediately.
Why IGI
Why Borehamwood businesses file with IGI
One fixed fee for r&d tax credits in Borehamwood, agreed in writing before any work starts and never changed part-way through the job, however long it takes us.
We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Borehamwood get reminders at 60, 30 and 7 days before each date that applies to r&d tax credits.
No appointments, no travel across South East, no parking. Everything for r&d tax credits in Borehamwood happens online, with a real person on the other end during UK working hours.
A named person handles your r&d tax credits from Borehamwood and knows the file, so you are not re-explaining your business to a different helpdesk each time.
We explain r&d tax credits in the words Borehamwood business owners use, not in accountant's shorthand, and we show our working so you can check it.
You stay in control of r&d tax credits: drafts go to Borehamwood clients first, with the figures explained, and nothing leaves us until you say so.
Local facts
About Borehamwood
Borehamwood is in South East, in the WD6 postcode district, England. For businesses in England the tax rules are those set by the UK Parliament: the 20/40/45% income tax bands, Class 4 National Insurance for the self-employed at 6% and 2%, Corporation Tax at 19% to 25%, and Stamp Duty Land Tax on property. Business rates are set locally by the council.
| Place | Distance | Direction |
|---|---|---|
| Rowley Green | 1 mi | E |
| Elstree Park | 1 mi | SE |
| Elstree | 1 mi | SW |
| Well End, M25 Fringe | 1 mi | NE |
| Green Street, Hertsmere | 1 mi | N |
| Barnet Gate | 2 mi | SE |
| Arkley | 2 mi | E |
| Holmshill | 2 mi | NE |
Worth knowing
Rules that come up in this work
Allowable expenses
An expense is allowable against trading profit if it is incurred wholly and exclusively for the business. Materials, business travel other than ordinary commuting, a proportion of home running costs, software, insurance, professional fees, bank charges and protective clothing qualify. Client entertainment, ordinary clothing, fines and the private share of mixed-use costs do not.
Record keeping
Good records are the difference between a quick enquiry and a long one. For the self-employed, five years after the filing deadline; for companies, six years from the year end; for VAT, six years. Photographs of receipts, PDF statements and software exports all count. The requirement is to keep records, not paper, and a well-organised cloud folder satisfies it.
The 60-day property CGT return
Selling UK residential property that was not your main home for the whole period of ownership triggers a separate Capital Gains Tax return, due within 60 days of completion along with payment of the tax. This is in addition to the annual Self Assessment. The gain is taxed at 18% or 24% depending on your income band, after the £3,000 annual exempt amount.
Crypto records and reporting
Most crypto holders have taxable events they do not recognise, because every swap is a disposal even when no pounds change hands. The computation requires the complete transaction history from every exchange and wallet, pooled by asset with HMRC's matching rules applied. Exchange-generated tax reports are frequently wrong because they cannot see transfers between a user's own wallets.
CIS deductions
The Construction Industry Scheme affects both sides of a construction payment. Contractors must verify subcontractors, deduct the right amount, issue statements and file monthly, with penalties from £100 for each late return. Subcontractors suffer deductions on turnover and recover the excess at the year end. Limited company subcontractors offset deductions against PAYE monthly instead.
Confirmation statements and identity verification
The confirmation statement is the annual check that the public register is right: officers, registered office, SIC codes, shareholders and the PSC register. It carries a £50 fee and no financial penalty for lateness, but failure to file leads to compulsory strike-off. The identity verification regime introduced in November 2025 has added a further check to every statement.
Making Tax Digital for Income Tax
Making Tax Digital for Income Tax began in April 2026 for sole traders and landlords with qualifying income over £50,000, extends to those over £30,000 in April 2027 and is planned for £20,000 in April 2028. It requires digital records in compatible software and four quarterly updates to HMRC each year, with a final declaration replacing the traditional return. Payment dates are unchanged.
Questions
R&D Tax Credits questions from Borehamwood
What counts as R&D for tax purposes?
A project seeking an advance in overall knowledge or capability in a field of science or technology, through the resolution of scientific or technological uncertainty that a competent professional in the field could not readily resolve. Commercial novelty is not enough; routine development with known methods is not enough. The test is about the technology, not the product.
Why is the eligibility review free?
Because a large share of enquiries do not qualify, and we would rather tell you that for nothing than charge £999 for a claim HMRC rejects. The review takes a short call and some questions about the projects. You get a written view: qualifies, does not qualify, or borderline with the reasons. There is no obligation afterwards.
What costs qualify?
Staff costs including employer NI and pension for time spent on R&D, externally provided workers at 65%, subcontracted R&D at 65% with new rules on who claims, software licences, cloud computing and data costs, consumables transformed or used up in the R&D, and some clinical trial payments. Capital spend, rent and marketing do not qualify.
How much is the relief worth under the merged scheme?
For accounting periods starting on or after 1 April 2024 the merged scheme gives a 20% expenditure credit, taxable, so worth around 15% to 16.2% of qualifying spend net of tax. Loss-making companies spending at least 30% of total expenditure on R&D can claim the enhanced intensive rate, worth up to 27%.
Can I claim for subcontracted work?
Under the merged scheme the company that decides to undertake the R&D and bears the risk generally claims, even if it subcontracts the work. Subcontractor costs are included at 65%. Overseas subcontractor and worker costs are largely excluded unless the conditions cannot be met in the UK. We apply the rules to your contracts.
What if HMRC opens an enquiry into an existing claim?
We review the claim, the narrative and the cost basis, tell you how robust it is, and quote a fixed fee for handling the enquiry before any work starts. Where a claim was overstated by a previous adviser, the best outcome is often an agreed reduction, and we say so rather than fight a losing position at your expense.
Is r&d tax credits in Borehamwood really the same price as elsewhere?
Yes. The fee published on this page is what a client in Borehamwood pays and what a client in any other part of England pays. It is confirmed in writing before work starts and the invoice matches the quote. Where a higher package applies because your situation is more complex, we say so at the quote stage, never afterwards.
Do you have an office in Borehamwood?
No. IGI Accounting is an online-only firm. We serve Borehamwood and every other UK postcode remotely, with records sent by WhatsApp or email and everything filed electronically. The absence of local premises is why the fee for r&d tax credits is the same in Borehamwood as anywhere else in the country, and why there is nothing to visit and nothing to print.
Fixed fees, filed on time, for Borehamwood
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.