RIFT R&D Tax Credits & GrantsThousands of SMEs are receiving government money for research and development (R&D) projects. Yet not nearly enough business owners know about R&D Tax Credits, or realise what an enormous boost they are. Many mistakenly assume that they're too difficult to qualify for, or underestimate the scale of what's on offer. Some simply can't imagine that the scheme would even apply to their business.
RIFT R&D Tax Credits is working hard to change all of this.
We help companies evaluate and claim cash back, or gain tax relief on advances and innovations – all with no upfront fee. SMEs can see a return of up to 33% of relevant costs, and businesses are claiming back £61,500 on average – a great cash injection or future tax relief.
RIFT is also the first port of call for all R&D grant information, eligibility and applications for Innovate UK and European grants – we write grant applications. A ‘disruptor’ SME developing new IP could access an R&D grant from £25,000 to £1m.
Who are our clients?
While many of our clients are from the software, manufacturing, construction and engineering industries, we also work with businesses across many other sectors.
R&D isn't the clear-cut, restrictive category that most people assume. Getting the best out of R&D Tax Credit claims takes a real understanding of how to present your innovations to HMRC. This is where RIFT R&D Tax Credits really shines. We have a proven track record of successfully reclaiming tax for companies – no matter what business they're in.
|Services Provided||Business Advisors and Mentoring|