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Wednesday 23rd September 2015
R&D Tax Relief Explained
Graham Beck – Technical Analyst
Examine the HIGHLIGHTS of the scheme
Give a brief overview of the SECTORS
Look at some CASE STUDIES
Understand HOW THE SYSTEM WORKS
Examine how THE CALCULATION WORKS
Why JUMPSTART?
R&d tax relief SME
scheme highlights
R&D TAX BENEFIT
Government sanctioned scheme through
HMRC to encourage and reward
innovation through tax relief for
companies that invest in qualifying work.
WHO IS ELIGIBLE?
SMEs and Large Companies who undertake R&D related activities
where there is an uncertain outcome
Scheme Basics.
WHICH SECTORS ARE CLAIMING?
Complex and challenging activities with uncertain outcomes.
How does the scheme work?
The scheme in a nutshell
What to be aware of.
Barriers to claiming.
Scheme statistics
Regional variations
Number of claims
Value of claims (£million)
0
500
1000
1500
2000
2500
3000
3500
4000
Northern
Ireland
Wales North
East
ScotlandEast
Midlands
Yorkshire&
The Humber
South
West
West
Midlands
North
West
East of
England
LondonSouth East
0
100
200
300
400
500
600
Northern
Ireland
Wales North
East
ScotlandYorkshire
Humber
East
Midlands
South
West
North
West
West
Midlands
East of
England
South
East
London
Case Studies
Best People + Best Processes = Best Results.
MANUFACTURING/
VALVES
Engineering company
specialising in the
manufacture of valves
and valve actuators.
BUOYANCY PRODUCT
TECHNOLOGY
An off-shore
engineering company,
specialising in the
development of surface
and subsurface
buoyancy, insulation
and elastomer products
for the oil and gas
industry.
UPLIFT
Jumpstart reviewed a
claim made
independently by a
client. Uplifted for their
two prior years from
£60k to £458k.
BENEFIT
£1,046,532
BENEFIT
£103,927
BENEFIT
£398,000
Why Jumpstart?
What’s important for clients?
The tax relief process activities
The Technical Consultation Approach
The Jumpstart 7 Steps
Our Client Services and Support
The Jumpstart difference.
Any questions?
