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2021 – 21 reasons to Build Back Better with MSC R&D

By August 10, 2021August 23rd, 2022No Comments

At MSC R&D we are on a journey of continuous improvement – continually looking to improve our R&D Tax Relief services and ensure our clients’ claims are both optimised and fully compliant.

Unlike many of our competitors MSC R&D has been supporting R&D led companies for over thirty years.

Our R&D Tax Credit client base, built on the strength of word-of-mouth referrals and long-term relationships, boasts some of the UK’s most innovative companies, all in high-technology sectors, primarily software driven.

Three things set MSC R&D apart from our competition:

  • Our People
  • Our Processes
  • Our Commitment to Quality

And this is reflected in the comprehensive service we are able to offer our clients.

The software R&D Tax Relief landscape is changing, with ongoing reviews on what activity qualifies and increased scrutiny from HMRC as they seek to clamp down on the increasing number of ‘questionable’ claims. Up to 7% of claims may end up in an enquiry this year.

So, more than ever before, companies need to be confident their R&D Tax Credit advisor will both maximise their claim and ensure compliance with the latest legislation – and support them in the event of a random enquiry.

Automated, self-service platforms can’t do any of this – only a few advisors like MSC R&D can.

As we are currently in 2021 and 21 is a big grown up number, here are 21 of the key areas where we are able and willing to help clients with:

  •   R&D Tax Credit claim optimisation
    • Resolving HMRC investigations
    • Definitions of R&D for Tax Credit purposes
    • Software R&D eligibility and project boundaries
    • Forensic R&D audits
    • Historical R&D Tax Credit claims reviews
    • Historical R&D Tax Credit claim uplifts
    • R&D Tax Credit compliance reviews
    • Record-keeping for R&D Tax Credits
    • Complex group structures
    • SME status reviews
    • Grant funded and subsidised R&D compliance
    • Subcontractor/EPW status
    • R&D Tax Credit strategy
    • R&D Tax Credit eligibility reviews
    • R&D Tax Credit claim QA reviews
    • R&D Tax Credit advisor evaluation & contract reviews
    • Specialist R&D Tax Credit advice for accountants
    • Advance lending for R&D Tax Credits
    • R&D Tax Credit legislation advice
    • UK Government R&D Tax Credit policy advice

All this is possible thanks to our team of qualified, experienced technologists and tax experts, supported by Gavin Bate, our expert consultant on R&D Tax Credits. Gavin was responsible for the R&D legislation when he was at HMRC and wrote  their internal CIRD guidance manual on the subject. He regularly discusses relevant policy and legal issues with HMRC, and is an active member of the R&D Consultative Committee.

We are also supported by ex-HMRC senior R&D tax inspector who is employed as our internal Quality Assurance officer, providing compliance checks to our claims prior to submission. Every single claim is reviewed by him and he ensures rigorous compliance to HMRC eligibility criteria which helps us maintain our ISO9001:2015 quality standards

Ask your current provider if they have that level of back-up – we doubt it.