Your security is our priority
As your trusted partner, we help secure R&D tax credits to help you innovate and compete.
- Clients on board: 516
- Client benefit secured: £5200000
- Your benefit currently being worked on: £12100000
We have a 100% success rate but more notably we have a 0% enquiry rate from HMRC, making us the most secure provider in the market
What are R&D Tax Credits?
R&D Tax Relief is a government incentive, which aims to support British businesses that are undertaking technically challenging work, in order to create jobs in the UK, attract foreign direct investment and encourage a culture of innovation.
Since its introduction back in 2000, the Scheme has expanded to help a wide variety of sectors, many of which are only just beginning to realise that they are eligible, such as Construction and Agriculture.
How can R&D tax credits help me?
If your company is an SME, which has undertaken relevant activities in the last two financial years, then it will be eligible to receive a benefit from the Revenue. The benefit can be realised whether you pay tax or not (ie. have made a profit or loss).
Put simply, for every £1 you have spent in the last two years on the relevant sort of activities, the Revenue will give you back 25p in most instances. There are also certain instances where, if you have made a loss over the last two years, the benefit can increase up to 33p.
INITIAL CALL OVERVIEW
A call between the consultant and the client to cover high-level company information and due diligence, and then discuss the R&D scheme in depth and begin discussing projects.
Consultants and client discuss and outline all projects to be included in the claim.
Consultants and client to prepare and co-populate cost collection documentation, detailing relevant project costs and to formalise an R&D apportionment methodology consistent with those verified by HMRC as preferred methods.
Timeline for securing your benefit
- Today: Initial Call
- A conversation to understand if you are eligible for the benefit, where we determine if we can work with your company
- Tomorrow: Begin the process
- Initial call followed by gathering of technical information
- Two-weeks: Cost collection exercise
- Cost collection – completed alongside RCK, once the technical information has been gathered
- One month: Submit the report to HMRC
- Finalised package to be submitted to the Revenue – this will include the technical and financial aspects of the claim
- Two months: Receipt of money from the revenue
- Your benefit is paid out within 28 days (on average).
If you wish to talk to either one of these businesses or countless others, please do not hesitate to ask – we work solely on a referral basis, meaning many of our clients know one another and are always happy to help.
I was referred to Mark and his team by a good friend of mine in the farming community. Being a sceptical man, I was not sure whether the exercise would be worth my time, however, I can safely say it was. The entire process took less than a month to complete and the team at RCK had a good insight into the operations of my farm. What was truly astounding was that my benefit was with me within 3 weeks of submitting the claim. I will certainly be using RCK for all of my future claims.Director Dairy Farm - Somerset
This was my first experience of the R&D Tax Relief - Peter was introduced to me by a fellow director, whom I have worked with for many years and came highly recommended. I was initially surprised at the sort of projects that would qualify for the relief but RCK walked me through the claim and helped me identify the relevant work. The end result was a cash benefit within a month. With everything that has happened over the last year, I could not be happier with receiving the benefit so quickly!Managing Director M&E Firm - Leeds
RCK have been an invaluable partner for us over the last year. Not only have they helped identify R&D opportunities within new sectors, they have also guided our clients through the process from start to finish. Unlike a lot of the other providers we have previously worked with - Mark & Peter will always have time to speak to a client, creating far more of a personal feel than any of the big corporates within this space. We look forward to many more successful claims!Partner Accountancy - Cheshire
We are proud to be the fastest growing team of experts within the R&D Tax Credit space – certainly to our knowledge!
We are proud to be the fastest growing team of experts within the R&D Tax Credit space – certainly to our knowledge! Our team of consultants consists of PhD engineers, patent-attorneys, agricultural specialists, software engineers and a plethora of Oxbridge degrees.
Alongside this, we are also proud to have a strategic alliance with a firm of Chartered Tax Advisers and Chartered Accountants, the principal of which is a former senior HMRC tax inspector with extensive frontline experience of the R&D Tax Credit regime.
Peter has been at the very top of the R&D Tax Credit industry for a number of years now. Having begun his career at the largest R&D Tax Credit provider 4 years ago, Peter has gone on to break every record that has been set within the industry.
By now he has delivered more than £20mil+ of funding for British businesses, in that short period of time, and has been recognised as the top individual within this space, across a number of sectors. Indeed, Peter's specialisation lies in the engineering sector: delivering successful claims for construction, engineering and M&E companies in the FTSE 100 and SME market.
Much of Peter's success has come down to his ability to build relationships and deliver successful results, placing him as one of the most well-known names in the industry.
Mark has been working in R&D Tax Credits ever since his graduation from the University of Oxford, back in 2017. As one of the first people to begin working on agriculture claims in the UK, Mark has developed a wide network of clients within the farming community, through which he has continued to help others within the industry.
Over the last three years, he has worked with over 250 farms – whose turnover ranges from 200k to 100mil+ - to help them access the R&D Tax Credit benefit, to the total tune of £10 mil.
Outside of farming, the rest of Mark's client base is spread out between engineering, renewable energy and software companies (with a particular focus on blockchain and AI).
Prior to working in R&D Tax Credits, Gregg spent three years working at Thales – a leading engineering company, specialising in aerospace, transportation and global security. Initially Gregg worked as a graduate mechanical design engineer on the €1bn 4LM (four lines modernisation) London Underground driverless resignalling project, before becoming a lead mechanical design engineer on the NLE (northern line extension) project, extending the Northern line, as a part of the Battersea power station redevelopment scheme.
Gregg’s academic background paved a natural progression towards R&D Tax credits; he studied for an MEng in Mechanical Engineering with Advanced Design & Innovation, at the University of Bath, where he graduated with First Class Honours.
Charlie's background prior to working within the R&D Tax Credit world has been in the equine industry, where he has advised owners on a wide range of issues impacting on the keeping and management of horses. As such, his portfolio mainly consists of large equestrian businesses, stud farms, training yards, as well as veterinary practices and agricultural businesses. Charlie's links to the equine industry allow him to specialise within it and grow his client base through a close knit network, which he has developed.
Up to date, he has been instrumental in helping equine yards receive an R&D benefit, with a 100% success rate.
Oliver’s academic background within International Business has been instrumental to his success within R&D Tax Credit space over the last three years. Oliver’s portfolio of clients covers a wide range of industries, with particular emphasis on the construction and engineering sectors. With advanced knowledge of the UK’s fiscal policy, his clients range from £400k to 75m+ turnover businesses and have come from the organic growth of his portfolio, working closely with clients and trade bodies alike.
James has over 4 years of experience within the R&D industry having previously been Associate Partner at one of the largest consulting houses within the innovation incentives space. In his previous role, James managed a team focusing on a number of sectors, notably within life sciences and engineering. Alongside this, James was responsible for analysing industry trends and legislation changes in order to identify new markets that would be eligible for the R&D incentive, thus helping to increase awareness of this valuable relief.
James' success comes from establishing successful links with business owners and accountants alike, as he helps to ensure all clients make the most of the innovation incentives available for their industry.
Louis has previously worked in a variety of R&D related fields including intellectual property and has experience in numerous technological sectors, including agriculture, construction, telecoms and engineering. Louis academic background is in physics, having graduated with a masters degree from Cambridge in 2012.
An experienced R&D professional, Peter completed an engineering doctorate whilst working within a FTSE 100 central R&D department and subsequently worked in development engineering refining precious metals before undertaking management consulting work to implement innovation software.
Having worked within one of Europe’s largest innovation funding providers, Peter has worked extensively on engineering, construction, manufacturing and agricultural R&D claims and claimed in excess of £25 million in benefits for his clients.
By incorporating a specific blend of real-world R&D experience, engineering problem solving and tax knowledge, he is able to better understand the challenges encountered by his clients, the solutions developed and the financial benefit available.
Get in touch
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