On average, limited businesses with more than one employee receive £57,000 per yearly claim with R&D Tax Credits.

We spoke to Dawn Coker (Chief Operating Officer), Thomas Ferguson (Head of Business Development) and Brian Sainsbury (Partner & Manufacturing Specialist) from R&D Tax Specialists Access2Funding to get details on this crucial source of income that your business could be missing out on.

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In this interview, we discussed:

• Dawn Coker: How have you found the last 8 months as a business? (0:59)
• Dawn Coker: What challenges are you finding businesses are facing now? (1:50)
• Thomas Ferguson: How can R&D tax credits and similar tax relief help businesses? (3:15)
• Thomas Ferguson: How much can a business typically get back? (4:21)
• Thomas Ferguson: And does it suit a certain type of business more than others? (5:21)
• Thomas Ferguson: Can you give some examples of what type of businesses have benefitted from R&D? (6:35)
• Thomas Ferguson: How can R&D tax credits help industries, like hospitality and manufacturing, which have been more impacted by the virus? (8:20)
• Dawn Coker: How can these tax reliefs help companies in the manufacturing sector specifically? (9:45)
• Brian Sainsbury: Can you tell us how you have specifically supported manufacturing business with R&D? (10:47)
• Brian Sainsbury: Are there certain businesses like food manufactures sceptical about claiming? (13:41)
• Thomas Ferguson: Where can people get in touch with you and your team? (14:52)

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Access2Funding have returned over £11.7m to SMEs since the pandemic began, and their team of Accountants and Tax Specialists have a 100% R&D claim success rate. Contact their team today by visiting their website or by emailing hello@access2funding.co.uk.