close
Get Started Today

Please fill out the form below and a member of our
team will be in touch with you soon.

    banner image
    Research and Development tax
    In only a few weeks, we progressed from holding initial discussions about our R&D activities to PM+M submitting a claim to HMRC. The process helped us to claim back nearly £20,000 that we wouldn’t otherwise have been able to invest in the ongoing development of the business.
    Our client, a software development business focusing on the hospitality sector

    About our client

    A software development company working within the hospitality sector approached PM+M for advice surrounding R&D tax.

    How PM+M helped

    We began by discussing R&D tax credits with the company to assess eligible areas of software related R&D activities. Within one week, working to a tight deadline, we submitted a claim with a cash benefit of circa £20,000.

    Within six weeks, the repayment had been processed by HMRC and the funds were received by the company.

    Going forward, we are working with the company to assess and quantify the next two accounting periods and put records in place to ensure easier quantification of future R&D claims.

    How making a claim impacted the business

    • icon
      SIGNIFICANT CASH REPAYMENT
      The company received over £20,000 which was then re-invested into other areas of the business
    • icon
      QUICK RESULTS
      With the process taking only six weeks from initial discussions to receiving the tax credits from HMRC
    • icon
      INSIGHT FOR FUTURE CLAIMS
      PM+M is supporting the company with streamlining their R&D processes to assist with future claims
    Begin your journey with us

    Get in touch to discover how we can help you achieve more

    Stay Connected