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Counting King is owned and managed by experienced tax professionals. Focussing purely on the R&D tax credit incentive we are uniquely placed to assist you and your accountant to identify and submit the maximum eligible amount.
We establish the eligibility of your company and the relevant projects. It is confidential and there is no cost for this. We will outline the process you can expect, including timescales.
To maximise the claim value, we visit your site and interview key personnel to get a full understanding of your business and gather the technical details of your R&D activity.
We analyse all eligible costs and calculate the maximum benefit available based on accurate and up to date data. From here we can explain how much you can expect and in what capacity.
We compile your claim, check all of its aspects and submit it to HMRC within 2 weeks of receiving all of the information. Your process is fully managed and we’ll take care of any HMRC information requests.
HMRC will approve a reduction in liability instantly (once submitted). Payable credits are issued typically within 4 weeks either by cheque or bank transfer.
Claim Success Rate
HMRC Enquiries
Successfully Claimed
As an accountant, I always have the best interests of my clients at heart and I can safely say that Counting King are professional and compliant and have no problem referring potential clients to see if Counting King can help.
I have referred several friends to Counting King who have all said the same thing. They have had a great service and knew exactly what was going on at every stage. They are all really happy with the their tax credits and I was really happy to get some cash for referring them! Nothing has been too much trouble and I get updates all the time.
We didn’t think we would qualify but our accountant referred our details to Counting King and within a couple of days the process had started. We expected it to be a lot more complicated than it was but the guys really made us feel comfortable. We did struggle to think about projects but they helped us to clarify what is eligible and then before we knew it there was loads of things we had done. We have no problem in recommending Sam and his team and if anyone is thinking about applying then you should give them a call.
We had been told previously that we didn’t qualify for R&D tax credits by another firm in Manchester and thought that would always be the case. When speaking to Gary at a networking event he suggested we have a chat and he would double check. I am so glad we did this and we have since received a significant benefit relating to the work we carried out on our software project.
R&D Tax Credits can provide vital cash to small, medium and large UK limited companies.
The UK is known for its unrivaled innovation and is encouraging businesses to continue this trend and be a global leader.
R&D Tax Credits are designed to encourage and boost innovation. Companies who may not have thought about R&D in the past can now receive the added benefit of tax credits.
For every £1 that is spent on R&D related projects, generates a net return of £2.65 for the UK economy.
If your company embarks on projects with technical challenges or the uncertainty of a solution then you will most likely qualify for research and development tax credits.
Have you conducted product development? Modified or adapted an off the shelf physical product? Coded a custom module or piece of software to improve your business processes?
Providing you have attempted an idea which has involved scientific or technological uncertainty, we can help put together your R&D tax credit application.
SME (Small or Medium sized enterprise)
Fewer than 500 staff
Less than 100 million Euros (turnover)
Less than 86 million Euros (assets)
RDEC (Research and development expenditure credit)
More than 500 staff
More than 100 million Euros (turnover)
More than 86 million Euros (assets)
Received government state aid
Received de minimis aid
HMRC have approved and processed all claims submitted by ourselves.
Trusted and respected advisors on hand at every step of the applicationto ensure you are always 100% comfortable.
HMRC have approved and processed all claims submitted by ourselves.
HMRC have approved and processed all claims submitted by ourselves.
HMRC have approved and processed all claims submitted by ourselves.
HMRC have approved and processed all claims submitted by ourselves.
Research and development tax credits is an incentive where UK Limited companies can receive a reduction or rebate on their corporation tax for monies spent on eligible R&D activities.
The research and development (R&D) tax credits incentive was established by the Government in 2000, supporting businesses of all different sizes to grow and helping the UK economy to grow through innovation.
Knowing which projects actually qualify for R&D tax relief (and those that don’t) and what expenses can be claimed (and those that can’t) are the areas where most companies are looking for advice. This is important to maximise the claim value.
What CAN be claimed for:
Once the application has been produced and finalised by yourself, it is uploaded and submitted with your corporation tax return. As soon as HMRC receive the information it is sent to the specialist incentives unit whereby it is treated accordingly. The supporting information and calculations submitted are reviewed and processed within a timely manner. Tax reductions are processed immediately and will show up within 24 hours. Tax repayments or payable credits are issued within 4 weeks and depending on the method chosen, you can expect a bank deposit or a cheque in the post.