Accounting

R&D Tax Credits · West London

R&D tax credit claims in Courtfield, Kensington and Chelsea

Since the merged R&D scheme and HMRC's compliance campaign, speculative claims are expensive mistakes. Companies in Courtfield 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 West 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 Courtfield

Limited companies in Courtfield, Kensington and Chelsea 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 Courtfield, Kensington and Chelsea, 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

The IGI way of working, in Courtfield

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

We serve Courtfield, Kensington and Chelsea 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 Courtfield business prepares this year's, and remembers what was agreed.

The output for Courtfield 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 Courtfield 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 Courtfield, Kensington and Chelsea

Courtfield, Kensington and Chelsea is in West London, within Kensington and Chelsea, in the SW7 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
Brompton, Kensington and Chelsea0.2 miE
South Kensington0.2 miN
Redcliffe0.4 miSW
Earl's Court0.5 miW
Queen's Gate0.5 miN
St Luke's0.6 miE
West Brompton0.6 miSW
World's End, Kensington and Chelsea0.7 miS

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

You can switch accountant at any point in the year. The new firm requests clearance and your records from the old one, which cannot withhold your own documents though it may hold its own working papers until its fees are settled. Agent authorisations with HMRC and Companies House are transferred, and the next deadline is picked up without a gap.

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

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.

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

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

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.

Questions

R&D Tax Credits questions from Courtfield

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.

Do you have an office in Courtfield?

No. IGI Accounting is an online-only firm. We serve Courtfield, Kensington and Chelsea 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 Courtfield as anywhere else in the country, and why there is nothing to visit and nothing to print.

How do I get started from Courtfield, Kensington and Chelsea?

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 Courtfield clients are set up within a day.

Get a fixed quote for Courtfield today

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