Accounting

R&D Tax Credits · South London

R&D tax credit claims in Park Hill, Brent

If your Park Hill, Brent 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 Park Hill

Limited companies in Park Hill, Brent 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 Park Hill, Brent, step by step

  1. 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.

  2. 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.

  3. 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.

  4. 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

What you get in Park Hill

The price for r&d tax credits is published on this page and is what a client in Park Hill pays. We confirm it in writing first, and the invoice matches the quote.

Deadline-first: the dates that matter for r&d tax credits are shown at the top of this page, diarised for every Park Hill client and chased before they arrive.

Online only, UK based. There is no office in Park Hill to pay for, which is why the fee is the same here as anywhere in England; the work is done by people in the UK who answer the same day.

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

The output for Park Hill 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.

Approval before filing is a rule, not a courtesy. For r&d tax credits in Park Hill, Brent, every submission to HMRC or Companies House follows your written go-ahead.

Local facts

About Park Hill, Brent

Park Hill, Brent is in South London, within Brent, in the NW10 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.

Nearby places we also serve for r&d tax credits
PlaceDistanceDirection
Willesden0.4 miNE
Dollis Hill0.7 miN
Harlesden Fringe0.7 miSW
Harlesden0.8 miSW
College Park0.8 miS
Dudden Hill0.8 miN
Old Oak Common0.9 miS
Neasden0.9 miNW

Worth knowing

Rules that come up in this work

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.

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

Striking off a company is cheap but must be done in order: stop trading, file the final accounts and CT600, pay the tax, close VAT and PAYE, distribute the remaining assets, close the bank account, then apply. Anything left in the company at dissolution passes to the Crown. Distributions up to £25,000 are taxed as capital gains; above that a formal liquidation is usually needed to keep capital treatment.

Confirmation statements and identity verification

Every company must file a confirmation statement at least once a year, within fourteen days of its review date, with a £50 Companies House fee. Since November 2025 directors and people with significant control must also verify their identity with Companies House, and the confirmation statement is where existing officers confirm they have done so during the transition year.

CIS deductions

Under the Construction Industry Scheme, contractors deduct 20% from a registered subcontractor's labour invoices, or 30% if unregistered, and pay it to HMRC. The subcontractor reclaims the deductions against their actual tax through Self Assessment, usually producing a refund because deductions are on turnover while tax is on profit. Contractors file a monthly return by the 19th.

Late filing penalties

Penalties are the clearest reason to work to deadlines. A Self Assessment return one day late costs £100 regardless of whether any tax is due; three months late adds £10 a day. Late company accounts start at £150 and reach £1,500, and double if the previous year was also late. None of this is negotiable afterwards except through a narrow reasonable-excuse appeal.

Making Tax Digital for Income Tax

The biggest change to Self Assessment in a generation is Making Tax Digital for Income Tax, now live for higher-earning sole traders and landlords and arriving for the rest in stages. Quarterly updates are due by 7 August, 7 November, 7 February and 7 May, built from digital records. The practical consequence is that spreadsheet-and-shoebox bookkeeping is ending for anyone above the threshold.

Questions

R&D Tax Credits questions from Park Hill

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 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.

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.

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.

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.

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.

Do you have an office in Park Hill?

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

Is r&d tax credits in Park Hill really the same price as elsewhere?

Yes. The fee published on this page is what a client in Park Hill, Brent 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 Park Hill, one fixed price

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