Choosing R&D Tax Credit Consultants? Here’s What to Consider

How to Choose Your R&D Consultants

Choosing your R&D Tax Credit Consultants can be difficult due to the process behind it being such a big task, making it a tough decision to make. Research and Development (R&D) Tax Credits can make such a huge difference to businesses with the UK Government having granted thousands of UK organisations returns of up to £600,977 so far in the 2017-18 financial year. Whilst some business owners jump at the chance of essentially being given free money, others are put off at the thought of a tedious claiming process.

Thankfully, there are various companies who exist to help businesses process their R&D claims, much like ourselves. It can however be too easy for Managing Directors to rush into the process and settle on the first consultancy they come across and not the best for their business.

Before choosing a company to help process an R&D Tax Credit Claim, businesses should first really investigate and consider a few factors to ensure their claim has a greater chance of success.

At ZLX, it’s our expertise, experience, process and results that keep more and more organisations getting in contact with us. We don’t simply process claims, we maximise them. Below, we’ve listed some reasons why you should choose ZLX as your consultants.



HMRC often carry out compliance checks on claims which could simply be at random or because of inconsistencies or mistakes. Unfortunately, this is where a lot of claims go wrong. But it’s usually the case that inconsistencies or mistakes are down to the fact that collating the correct technical detail and producing a qualifying innovation report requires technical knowledge and without this it is extremely difficult to produce a report acceptable to HMRC. This is why businesses who are looking to make a claim should choose consultants who are expert in the understanding and qualification criteria from both the technical points and the tax perspective.


Expertise & Experience

Expertise and experience are key considerations when choosing a company to process your claim. You might determine whether or not a company is expert enough by looking at previous case studies, rates of success, how many claims they have helped to process and most importantly, their understanding and knowledge of your particular industry. Tax rules are specific to different industries so, when claiming, you must apply the tax rules that are fixed to your industry. Your consultant should be completely capable of quickly recognising the projects that qualify for the tax credits and effectively communicating what is being sought.

At ZLX, we have a large team of highly qualified consultants and accountants with years of experience across various different industries, including electronics, engineering and packaging, to name a few. With our team’s expertise, we are able to recognise projects that qualify and the costs relating to each project.


The Process

As with any professional organisation, there are procedures to follow before we engage with a client. When choosing a company to process your claim, it’s not a simple case of having one meeting and then commencing the project. The process should be thorough from beginning to end, and if not, this is a concern. Our procedures are thorough to ensure our clients and our business are protected. Companies who are making a claim have a legal obligation to provide the correct information, while their consultants have a duty to reach a comprehensive understanding of the business they are working with. Only a rigorous, disciplined process can ensure this.

The ZLX process goes through six stages, the last of these stages being when we actually commence the project. Before processing the claim, ZLX will: perform a Companies House check, arrange the first meeting, review contracts, check company credit information, and build timeframes.


Support and Communication

Finally, you must consider the level of support and communication your consultant will provide. Alarm bells start to ring when consultants don’t spend any time with their clients and exclude them from the entire process. At the end of the day, it is really you who is responsible for your claim, therefore you must be aware of what it consists of. To ensure seamless support and communication, ZLX appoints a dedicated Account Manager to clients who will complete the process and review it on a regular basis.

If you believe you have worked on a qualifying R&D project and have carried out qualifying activities, contact ZLX today. The team at ZLX provide seamless support and communication from beginning to end. We appoint a dedicated Account Manager to clients who will complete the process and review it on a regular basis. With ZLX, you can rest assured your business is in the best position to succeed


Our Results

We have worked with clients across numerous sectors and each claim we process has a 100% success rate. We don’t just process claims, our aim is to maximise them. Whilst the HMRC average for R&D claims stands at £54,000, the average return figure for the claims we help to process is £77,000. It’s often the case that our are clients are completely unaware that they have worked on a qualifying R&D project and they are shocked to find out how much they can claim back.

While many businesses do qualify for R&D tax credits, not all claims are accepted. If you decide to choose a company to help you process your claim, think carefully before committing to one. To qualify is a great opportunity, so find a company who will put you in the best position to succeed.

No matter where you are in the UK, we have consultants nationwide.

If you are interested in processing a claim, get in contact with one of our R&D Tax Credit Consultants today.