R&D Tax Credits · East London
R&D tax credit claims in London Fields, Hackney
If your London Fields, Hackney 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 London Fields
Limited companies in London Fields, Hackney 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 London Fields, Hackney, 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
The IGI way of working, in London Fields
No hourly rate and no surprise invoice. London Fields 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 London Fields, Hackney get reminders at 60, 30 and 7 days before each date that applies to r&d tax credits.
We serve London Fields, Hackney 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 London Fields 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 London Fields, Hackney business owners use, not in accountant's shorthand, and we show our working so you can check it.
Nothing is filed for London Fields 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 London Fields, Hackney
London Fields, Hackney is in East London, within Hackney, in the E8 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 |
|---|---|---|
| Queensbridge | 0.3 mi | W |
| Hackney, East London | 0.4 mi | E |
| South Hackney | 0.4 mi | N |
| Hackney Central | 0.4 mi | N |
| Hackney Downs | 0.5 mi | N |
| Cambridge Heath | 0.6 mi | S |
| Bethnal Green North | 0.7 mi | S |
| Bethnal Green | 0.7 mi | S |
Worth knowing
Rules that come up in this work
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.
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.
Employer National Insurance
Employers pay National Insurance at 15% on each employee's earnings above the £5,000 secondary threshold, following the April 2025 changes. The Employment Allowance offsets up to £10,500 of this for eligible employers, which for a small team often removes the liability entirely, but companies where the director is the only employee do not qualify.
Workplace pensions and auto-enrolment
Every employer must assess its workers for automatic enrolment from the first employee's start date. Those aged 22 to State Pension age earning over £10,000 a year must be enrolled into a qualifying pension with minimum contributions of 8% of qualifying earnings, at least 3% from the employer, and a declaration of compliance made to the Pensions Regulator within five months.
Dormant companies
A dormant company is one with no significant accounting transactions in the year, where the only permitted entries are the payment for shares on incorporation, Companies House fees and penalties. It still files a confirmation statement and simplified dormant accounts every year. A bank charge or an accountant's fee paid from the company ends dormancy and requires full accounts.
The trading and property allowances
Small side incomes are covered by two £1,000 allowances, one for trading and one for property, which remove the need to register or report income below that level. Once income exceeds £1,000, the allowance can be used in place of expenses, a choice worth making deliberately: a freelancer with £900 of costs is better off with the allowance, one with £3,000 is not.
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 London Fields
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.
Does claiming R&D relief increase my chance of an enquiry?
HMRC now checks a far higher proportion of claims than before 2023, so any claim carries some risk of questions. A claim with a clear technical narrative, costs that reconcile to the accounts and payroll, and a named competent professional behind it is answered quickly. We write claims to that standard.
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%.
How far back can I claim?
A claim can be made up to two years after the end of the accounting period, by amending the CT600. If you have two open periods both can be claimed. The notification rule applies to the later periods if you have not claimed recently, so the two-year window and the six-month window interact; we check both.
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.
Do you have an office in London Fields?
No. IGI Accounting is an online-only firm. We serve London Fields, Hackney 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 London Fields as anywhere else in the country, and why there is nothing to visit and nothing to print.
Is r&d tax credits in London Fields really the same price as elsewhere?
Yes. The fee published on this page is what a client in London Fields, Hackney 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.
One message from London Fields, one fixed price
Tell us what you need. You get one fixed fee in writing, and nothing is filed until you approve it.