R&D Tax Credits · South East London
R&D tax credit claims in Chislehurst
If your Chislehurst company has spent money trying to resolve a technical problem that competent professionals could not readily solve, you may have an R&D claim worth up to 16.2% of the spend under the merged scheme, or more as a loss-making R&D-intensive company. We review eligibility free, then prepare and file for a fixed fee.
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 Chislehurst
Limited companies in Chislehurst 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 Chislehurst, step by step
Tell us your situation
A short message or call about what you do and what needs filing. We ask the questions that determine the right package and nothing more.
Fixed fee in writing
You receive one price for the work, confirmed by email before anything starts. It does not change if the job takes longer than we expected.
Send records, review the draft
Records come by WhatsApp or email. We prepare the draft, explain the figures in plain English and answer your questions.
We file, you get the receipts
Once you approve and the fee is settled, we submit electronically and forward the HMRC or Companies House acknowledgement the same day.
Why IGI
Why Chislehurst businesses file with IGI
No hourly rate and no surprise invoice. Chislehurst clients know the fee for r&d tax credits before they send a single document, and it stays fixed.
We work to the HMRC and Companies House calendar, not an appointment diary. Clients in Chislehurst get reminders at 60, 30 and 7 days before each date that applies to r&d tax credits.
We serve Chislehurst 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.
A named person handles your r&d tax credits from Chislehurst 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 Chislehurst business owners use, not in accountant's shorthand, and we show our working so you can check it.
Nothing is filed for Chislehurst 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 Chislehurst
Chislehurst is in South East London, within Bromley, in the BR7 postcode district, England. Income tax in England follows the UK rates: 20% basic to £50,270, 40% higher to £125,140 and 45% additional, with the personal allowance of £12,570 tapered away above £100,000. National Insurance, VAT and Corporation Tax are UK-wide, and Stamp Duty Land Tax applies to property purchases.
| Place | Distance | Direction |
|---|---|---|
| Chislehurst West | 0.8 mi | NW |
| Frognal | 1 mi | E |
| Longlands, Bexley | 1 mi | N |
| Cray Valley West | 1 mi | SE |
| Elmstead | 1 mi | W |
| Petts Wood | 1 mi | S |
| Sidcup | 1 mi | NE |
| Coldharbour, Greenwich | 2 mi | NW |
Worth knowing
Rules that come up in this work
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.
Closing a company
A solvent company that has finished its purpose can be dissolved by voluntary strike-off: form DS01 with a £13 Companies House fee, after three months without trading and with all debts paid, final accounts and tax return filed, and assets distributed. HMRC objects to any application where returns or tax are outstanding, so the sequence matters more than the form.
Employer National Insurance
The cost of an employee is more than the salary. Employer National Insurance at 15% above £5,000 a year, the 3% minimum pension contribution, holiday pay, equipment and management time all come on top. The Employment Allowance of £10,500 reduces the National Insurance for most employers with more than one person on the payroll.
Workplace pensions and auto-enrolment
Workplace pension compliance is part of payroll, not separate from it. Each pay period the payroll assesses who is eligible, calculates employer and employee contributions on qualifying earnings between the lower and upper thresholds, and sends the contribution file to the scheme. The minimum total is 8%, and many employers choose to contribute more as a recruitment advantage.
Dormant companies
Companies formed to protect a name or hold a future business are dormant but not exempt: Companies House still expects dormant accounts within nine months of the year end and a confirmation statement annually with its £50 fee, and HMRC must be told the company is dormant or it will demand Corporation Tax returns. The filings are short, but the penalties for missing them are the same as for a trading company.
The trading and property allowances
The first £1,000 of trading income and, separately, the first £1,000 of property income each year is tax free under the trading and property allowances. Below those figures no return is needed for that income. Above them you can deduct the £1,000 allowance instead of actual expenses if that is better, which suits side businesses and single-room lets with few costs.
Crypto records and reporting
Crypto tax splits into capital gains on disposals and income on rewards, with different rates and different reporting. The £3,000 annual exempt amount and the 18% and 24% rates apply to gains; staking, mining and airdrop income is taxed at marginal income tax rates. HMRC's nudge letters to holders have increased sharply, and a voluntary disclosure before one arrives is treated far more leniently.
Questions
R&D Tax Credits questions from Chislehurst
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.
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.
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%.
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.
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 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.
Do you have an office in Chislehurst?
No. IGI Accounting is an online-only firm. We serve Chislehurst 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 Chislehurst as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is r&d tax credits in Chislehurst really the same price as elsewhere?
Yes. The fee published on this page is what a client in Chislehurst 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.
Ready to fix your fee in Chislehurst?
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.