Accounting

R&D Tax Credits · South London

R&D tax credit claims in Carshalton

Since the merged R&D scheme and HMRC's compliance campaign, speculative claims are expensive mistakes. Companies in Carshalton use us because we say no when the project does not meet the definition, and when it does we prepare a claim that is written to survive an enquiry. Fixed fees, no percentage of the benefit, online across South London.

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 Carshalton

Limited companies in Carshalton 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 Carshalton, step by step

  1. 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.

  2. Agree the price

    The fee is confirmed in writing. There is no hourly billing and nothing added for questions during the work.

  3. 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.

  4. 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 Carshalton businesses file with IGI

One fixed fee for r&d tax credits in Carshalton, 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 Carshalton get reminders at 60, 30 and 7 days before each date that applies to r&d tax credits.

We serve Carshalton remotely by design: records by WhatsApp or email, drafts back for approval, filing electronic. The saving on premises is passed to you in the fee for r&d tax credits.

Continuity matters in r&d tax credits: the person who prepared last year's work for your Carshalton business prepares this year's, and remembers what was agreed.

The output for Carshalton clients is never just a form. It is the form, a one-page summary of what it says, and a note of the decisions it points to for r&d tax credits.

Nothing is filed for Carshalton until you have reviewed and approved it. You see the draft, you ask questions, you sign off, then we submit and send you the receipt.

Local facts

About Carshalton

Carshalton is in South London, within Sutton, in the SM5 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.

Nearby places we also serve for r&d tax credits
PlaceDistanceDirection
Carshalton Village0.2 miW
Wallington Green0.3 miE
Carshalton Central0.4 miW
Wallington North0.5 miE
The Wrythe0.7 miNW
Carshalton Beeches0.7 miSW
Wallington, Sutton0.7 miSE
Sutton, South London0.8 miSW

Worth knowing

Rules that come up in this work

Closing a company

Voluntary strike-off is available only to solvent companies. One that owes money it cannot pay needs a creditors' voluntary liquidation through a licensed insolvency practitioner, and directors who dissolve an insolvent company face personal consequences. For a solvent company the process takes three to four months from filing the DS01, with notice to creditors and shareholders within seven days.

Switching accountants

The main reasons people switch accountant are surprise invoices, missed deadlines and not understanding what they are being told. Switching involves a clearance letter between the firms, a transfer of records and agent authorisations, and a short handover of the current position. It takes about two weeks and should cost nothing extra.

The 60-day property CGT return

The 60-day Capital Gains Tax return on residential property is the deadline landlords most often miss, because it falls outside the Self Assessment cycle and runs from completion, not exchange. Private residence relief for periods you lived in the property, plus the final nine months, reduces the gain. Penalties for a late return mirror Self Assessment, starting at £100.

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.

Allowable expenses

Expense claims are where a return is won or lost in an enquiry. The test is wholly and exclusively for the trade; where a cost is mixed, the business proportion can be claimed if it can be identified. Capital items such as equipment and vans are relieved through capital allowances rather than as expenses, except under the cash basis where they are simply deducted when paid.

Record keeping

Record keeping is a legal obligation with a penalty of up to £3,000 for failure, but its real value is in making every other filing cheaper and more defensible. Keep invoices, receipts, bank statements, mileage logs and any HMRC correspondence, digitally if you like, for five years after the relevant filing deadline for individuals and six years for companies and VAT.

Workplace pensions and auto-enrolment

Auto-enrolment duties begin the day you take on your first employee, not when the Pensions Regulator writes to you. Eligible staff must be enrolled, contributions paid every pay period and re-enrolment carried out every three years. Director-only companies without employment contracts are usually exempt. Fines for non-compliance are fixed and escalating.

Questions

R&D Tax Credits questions from Carshalton

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.

Why do you charge a fixed fee rather than a percentage?

Percentage fees reward inflating the claim, which is exactly what HMRC's campaign targets. A fixed fee means our only interest is a claim that is right. For most small company claims £999 is also considerably cheaper than the 15% to 30% of benefit that contingent advisers charge.

How long does a claim take to pay out?

HMRC aims to process 85% of claims within 40 days but the compliance campaign has lengthened this for many. Relief reducing a Corporation Tax bill takes effect when the return is processed; payable credits are paid to the company's bank account. We track the claim and chase HMRC if it stalls.

What is the Additional Information Form?

Since August 2023 every R&D claim must be accompanied by a form submitted to HMRC before the CT600, giving project descriptions, cost breakdowns, the named senior officer responsible and any agent involved. Claims without it are removed from the return. We complete and submit it as part of the £999 fee.

What is the advance notification requirement?

Companies that have not claimed in the previous three accounting periods must notify HMRC of their intention to claim within six months of the end of the period. Miss it and the claim for that period is lost entirely. We check your position at the eligibility stage and file the notification as part of the service.

How do I get started from Carshalton?

Message us on WhatsApp or email with a sentence about your business and what you need. We reply in working hours with any questions and a fixed fee for r&d tax credits. Once you confirm, we tell you exactly which records to send and the work begins. Most Carshalton clients are set up within a day.

Which deadlines matter most for r&d tax credits?

The next four dates that apply to r&d tax credits are shown at the top of this page, calculated from today. For Carshalton clients we diarise every one of them from the day you join and send reminders before each, so the work is done in good time rather than in the last week before a penalty.

Start the conversation from Carshalton

Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.

WhatsApp for a fixed quote