R&D Tax Credits for Accountants
Since 2012 Ad Valorem’s dedicated team of tax credit experts have provided specialist R&D tax relief services to a variety of businesses ranging from start-ups through to large and complex corporate organisations.
Unlike most boutique providers, Ad Valorem offers no minimum claim level and a 100% success-based fee structure, plus offering the professionalism and protection of a regulated ACCA practice. As an award-winning R&D Specialist firm, Ad Valorem is perfectly placed to help your accountancy business unlock the latent income in your client bank.
Our R&D Tax credit accountant and referrer partner programme will add value to your clients, boost your relationships and of course, provide financial support.
To help you and your client or referee make the best use of your time, we will support and assist at every step of the claim and use our tried and tested approach to maximise each claim we make. We can even review current and historic claims, which in many cases, can be increased or uplifted.
Following your referral will invest time to fully understand your clients business and ascertain the total extent of the their R&D eligible activity. We will then work with you and the client to determine the eligible R&D costs. Our process can be seen in detail, on the righthand side of this page.
As a regulated firm, we also include any enquiry defence as part of our fixed fee rate and with our expert team, including tax specialists and HMRC consultants, we can also provide extremely comprehensive support to any claim or enquiry.
Start your clients claim here
Get in touch with us to see how we can help you and your clients
The R&D Tax Credit Journey
Here’s a simple guide to your clients R&D tax credit journey
STEP 1 (within a week)
Book fact-find meeting
Ahead of this meeting you will be sent a short information pack explaining the purpose, setting the agenda and detailing any information you need for the meeting.
Undertake fact-find meeting
Sit back, relax and talk it all through with your Client Manager.
STEP 3 (within four weeks of Step 2)
Please bare with us while we collate all of the information gathered into your Draft Technical R&D Report and Draft R&D Expenditure Summary.
During this period we may request some additional information.
STEP 4 (within three days of Step 3)
Internal review and quality control
We pride ourselves on delivering the best service and reports possible. In order to achieve this we must ensure that all work meets our high standards.
STEP 5 (within one day of Step 4)
The Big Reveal! Your first look at your R&D report. Please review the Draft Technical R&D Report and Draft R&D Expenditure Calculations.
This is your report and if you want anything amended please let us know.
STEP 6 (within one week of Step 5)
We will make all the suggested adjustments and finalise the report.
STEP 7 (within one day of step 6) Submission
We will send the finalised report and expenditure summary to your accountant along with detailed filing instructions on how to submit the claim to HM Revenue & Customs.
Now we wait…
Now HM Revenue & Customs has the claim and will look to process it within 28 days.
They do experience periods of high volume and there may be delays in them processing claims. Rest assured, this is nothing to worry about and we will liaise with HM Revenue & Customs in these cases and keep you apprised of their current processing times.
The claim has been processed and accepted by HM Revenue & Customs. We will contact you with the good news and advise as to the total tax saving.
We will also invoice you at this point.
Count the days until your next claim!
Innovative Financial Collaboration
Ad Valorem are a family run accountancy practice who are perfectly placed to help you with every financial aspect of your business. We focus on providing businesses and individuals with the best technology available, to ensure clients are operating as efficiently as possible, whilst fully understanding their financial position.
Based in Milton Keynes, Ad Valorem are one of the regions leading firms of accountants, auditors, tax and business advisors. We pride ourselves on having a proactive approach to compliance and advisory services, focusing on people and human experience ensuring we continuously communicate and have conversations with our clients to fully understand their motivations and ambitions.Read More >