Corporate Tax Relief
RESEARCH & DEVELOPMENT TAX RELIEF
- Business could be eligible to receive between 8.6p-21.5p for every £1 spent on qualifying R&D activities.
R&D tax relief (also known as R&D tax credit) helps innovative businesses undertaking R&D related activity claim a generous corporation tax deduction or a cash refund from HMRC.
R&D tax relief is a tax incentive from the UK Government designed to encourage companies to invest in R&D.
The scheme has been around since 2000 and last year over 76,000 SMEs claimed almost £4.4bn in tax relief. see here for more R&D statistics.
Pryam Financial’s specialist R&D tax team have provided an end-to-end service to existing clients, new businesses and our network of professional introducers.
Our payroll department processes in excess of 100 payrolls for both UK and overseas businesses.
From as little as £50 per month, you will be assigned a named senior payroll manager, and utilising cloud based technology, will ensure a fast and accurate turnaround.
- PAYE registration
- Fortnightly, monthly payroll
- Managing payment to employees/HMRC via BACS or Faster Payments
- Bonus, commission and overtime payments
- Payslip portal – cloud based portal for employee to access their payslips and P60s
- Secure delivery and data exchange using cloud technology
- HMRC and auto-enrolment compliant
- Self-service for your staff via our employee portal
- Guidance on Real Time Information (RTI), auto-enrolment and salary sacrifice schemes
- Complying with maternity and sickness regulations
- TRONC scheme management for restaurants, bars and hotels
- Option to integrate HR advisory and consultancy
- UK payroll company for overseas/international businesses and UK subsidiaries of overseas companies
UK R&D TAX SPECIALISTS
To arrange an introductory meeting,
or for a quote, please complete the below form.
Why partner with Prysm Financial?
✔ ACCA regulated accountancy firm
✔ Significant R&D experience
✔ Dedicated and qualified R&D tax manager
✔ No upfront fee
✔ Dynamic and competitive pricing
✔ In-house tax specialists
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