25TH OCTOBER, 2024

Tax Cloud: Streamlined R&D Tax Relief Claims

For innovative businesses investing in technological advancement, claiming R&D tax relief is a vital part of financial strategy.

However, navigating the complexities of HMRC requirements can be challenging, even for organisations with sophisticated finance functions. Tax Cloud offers a structured, professional approach to managing R&D tax claims efficiently.

Software & Service Platform for R&D Tax Claims

Tax Cloud is designed as an online platform that streamlines the R&D tax claim process. It provides a structured workflow that ensures compliance while maximising eligible costs.

It is a complete software and service platform that connects businesses to a structured workflow, expert technical writers, and costing and tax associates.

The portal, combined with its instant access to consultants, guides businesses through the R&D tax claim process to tick all the boxes needed by HMRC. This approach allows companies to compile expertly crafted R&D tax claims, significantly improving their chances of approval.

Technical Excellence Made Accessible

While your organisation may excel in technical innovation, navigating tax legislation requires different expertise. Tax Cloud and its consultants bridge this gap by translating complex R&D tax requirements into a clear, systematic process.

The platform guides users through critical questions about their R&D activities:

  • Technical advancement scope and objectives
  • Specific technological uncertainties addressed
  • Resolution methodologies employed
  • Comprehensive cost analysis and documentation

Expert Support Throughout Your Claim

A key differentiator of Tax Cloud is the integration of experienced R&D tax specialists who review your submission. These experts understand both technical innovation and HMRC requirements, enabling them to:

  • Identify opportunities to optimise eligible costs
  • Ensure technical narratives meet HMRC criteria
  • Advise on appropriate cost allocation
  • Review compliance with current legislation

The platform facilitates professional dialogue between your team and our tax experts, ensuring your claim is robust before submission to HMRC.

Frequently Asked Questions

Who is Tax Cloud designed for?

Anyone carrying out eligible R&D activities can use Tax Cloud!

Start-ups, SMEs, and large corporations alike have benefitted from it. In addition, the portal can be used by companies across a plethora of industries, from technology and manufacturing to healthcare and food and beverage or any other sector.

Tax Cloud addresses the user's specific needs and associated nuances. This makes it an ideal solution for any company seeking R&D tax relief, looking for a simplified approach regardless of their experience with the process.

What is the typical timeframe for claim preparation?

Tax Cloud puts you completely in control of the claim timeframe. Our R&D tax experts will review what you submit right away (within office hours), and you can respond whenever it suits you. The portal's advantage is that it is always accessible and can be edited at any time.

What preparation is required?

Tax Cloud systematically guides you through each stage. The platform is designed to integrate with your existing project documentation and financial records, ensuring efficient claim preparation. You’ll be walked through each stage and told exactly what you need to supply.  If you need more detailed clarification, you can reach out directly to one of our experts.

How detailed is the expert review process?

Our specialists provide comprehensive technical and financial reviews, ensuring:

  • Alignment with HMRC guidelines
  • Robust technical narratives
  • Appropriate cost allocation
  • Complete supporting documentation

If the expert feels that the claim is not robust, they will advise you not to claim for that period, and you will not be charged any fees.

What support is available if questions arise?

Professional support is available throughout the process. Our technical and tax specialists are ready to provide guidance when needed.

What happens if HMRC raises queries?

This is unlikely, as our experts will not let you submit a weak claim. However, in the event of an enquiry, our promise to you is simple: We stand firmly behind our advice and opinions. If your claim is challenged, we'll defend it free of charge. If your claim is rejected, we won't charge you any fees. We'll cover any HMRC penalties and even compensate you for your time. 

Professional Support for Innovation

Tax Cloud combines technical expertise with professional tax knowledge to streamline your R&D tax relief claims. The platform ensures your innovation receives the recognition it deserves while maintaining the highest standards of compliance.

For more information about how Tax Cloud can support your R&D tax relief claims, contact us, or dive deeper into the world of R&D tax credits with our comprehensive R&D tax credits page.

Ensure your innovation receives appropriate recognition through optimised R&D tax relief claims with Tax Cloud's professional support.

Barrie Dowsett, ACMA, GCMA
Author Barrie Dowsett, ACMA, GCMA CEO, Tax Cloud
Start your Tax Cloud claim now Discover if you qualify and ensure your R&D tax claim is maximised. Get started
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Myriad are the creators of Tax Cloud, we help enterprises navigate, apply and secure tax incentives and grants. We specialise in R&D Tax Credits, Creative Tax Reliefs, Innovate UK grants, Horizon Europe grants, and R&D Capital Allowance Claims.

  • Submitting R&D tax claims since 2001
  • Strong track record spanning 20+ years delivering R&D tax credit claims
  • Over £70m claimed and counting
  • Industry leading specialists
  • We employ technical, costing and tax experts and tax experts
  • Confident of delivering value to our clients, we offer our R&D tax services on a success fee-only basis.

Meet some of the team behind Tax Cloud

Barrie Dowsett Barrie Dowsett ACMA CGMA Chief Executive Officer
Jillian Chambers Jillian Chambers Technical Analyst/Writer
Lauren Olson Lauren Olson Technical Analyst Manager
Rabia Mohammad Rabia Mohammad Corporate Tax Associate