R&D Tax Credits

Research and development (R&D) tax credits are a valuable tax incentive, created to reward UK companies that invest in innovation.

The credits are a valuable additional source of income to help businesses not only invest in research and development but also hire talented new staff to help realise their innovation goals.

R&D tax credits provide tax relief in several ways:

  • If your company is in profit it can reduce your Corporation Tax bill
  • If your company has been profitable in the past you could claim a repayment of company tax
  • If your company is making a loss you could claim immediate relief from HMRC

Many companies mistakenly think they cannot qualify for R&D tax credits because they aren’t operating in the high-tech sector. In fact, all kinds of businesses – from retailers to charities and solicitors to farmers could find they qualify.

Speak to our expert team and we’ll help you identify areas of your business which could qualify for R&D tax credits. Call us and speak with Prashant now to start the ball rolling.

Meet the R&D tax credits expert

All
Sector 1
Sector 2
Sector 3
Prashant Malde
NHS Pension Management Solution
Accounting Services & Software
Audit & Assurance
Company Secretarial
Corporate Finance
Forensic Accounting & Litigation Support
International
Personal Tax and Wealth Planning
Planning for retirement
Start-ups
Tim Cook
Young Professional Network
Estate planning and trusts
International tax non dom
Personal tax compliance
Tax
Tax investigations
Wealth planning and investments
Property Tax
R&D tax credits
All
Service 1
Service 2
Service 3
Prashant Malde
NHS Pension Management Solution
Accounting Services & Software
Audit & Assurance
Company Secretarial
Corporate Finance
Forensic Accounting & Litigation Support
International
Personal Tax and Wealth Planning
Planning for retirement
Start-ups
Tim Cook
Young Professional Network
Estate planning and trusts
International tax non dom
Personal tax compliance
Tax
Tax investigations
Wealth planning and investments
Property Tax
R&D tax credits
Senior Tax Manager
Prashant Malde

Senior Tax Manager

Having qualified as a Chartered Certified Accountant in 2004 and then as Chartered Tax Adviser in 2008, Prashant has extensive knowledge in corporate and business taxes. He specialises in tax planning for small and medium sized businesses and provides his clients with sound solutions to help optimise their business’ tax positions. Prashant also has significant experience with personal taxes, enabling him to provide effective, technical advice to owner managed businesses.

By working closely with fast growing companies, Prashant is able to assist in securing business tax incentives and his professional areas of expertise cover the following:

  • Research & Development tax incentives
  • Venture Capital Schemes (EIS/SEIS)
  • Corporate reorganisations and restructuring
  • Corporation tax
  • Capital Gains tax
  • Employee share incentives

Read details on Prashant’s specialist skill set here

Wilder Coe are delighted to welcome Prashant Malde into our Tax Department. Prashant brings with him a wide range of skills and expertise and we are looking forward to watching him grow our Corporate Tax team.

Research & Development tax incentives

Prashant can provide businesses with advice on the availability of R&D tax reliefs and has carried out a number of successful claims for R&D tax credits. He has made claims for a range of businesses; especially those involved in new technology, health products and automotive innovation. Prashant can review your company’s recent activities and can advise on current and future projects that may qualify for R&D tax credits and undertake claims on your behalf.

Venture Capital Schemes

(SEIS, EIS and VCT schemes)

Businesses often require HMRC’s approval that one or more of the Venture Capital Schemes apply in order for them to raise qualifying investments. Prashant is able to advise companies of their eligibility in qualifying for these schemes and can deal with cases where HMRC is being difficult in providing their advance assurance. Potential investors will always want to see HMRC’s approval before investing their money. Prashant’s initial support is crucial to help pave the way for such businesses. His experience spans across a variety of industries such as hospitality, media & digital production agencies, sports, technology, and fintech.

Corporate reorganisation and restructuring

Prashant works alongside clients looking to make changes to their corporate structure. He is able to give advice on the full spectrum of taxes involved in such projects and can assist clients to arrive at an optimal tax position whilst keeping to the project’s overall commercial objective. Such projects may arise when there is a division in the business, a company acquisition/merger, a succession plan, or as a result of the business’ organic growth.

Employee Incentives

For clients looking to incentivise their employees through share awards and share options, Prashant is able to provide tax advice to both the employer and the employee on such incentives. By setting up incentive schemes with clients, Prashant has built strong relationships with lawyers who are able to assist with the relevant legal documentation.

If you would like to arrange a consultation with Prashant and understand how his expertise could be beneficial to you and your business, then please contact him on 020 7724 6060 or send a message here.

Prashant’s understanding and knowledge surrounding complex tax interactions allow him to effectively provide his clients with practical tax plans.

Professional Memberships

  • Association of Chartered Certified Accountants
  • Chartered Institute of Taxation

Qualifications

  • BA Accounting & Finance
  • FCCA
  • CTA

Subscribe to news

If you would like to see full details of our data practices please visit our Privacy Policy and if you have any questions please email info@wildercoe.co.uk.

MBS has used the payroll services of Wilder Coe for more than 10 years. Throughout… Read more “The MBS Group Ltd”

Victor Benigson – Managing Partner, The MBS Group Ltd

Our previous payroll provider were constantly late with reports and didn´t respond to our requests… Read more “Outfit7 Brit Ltd”

 Peter Dolenc – Vice President of Finance, Outfit7 Brit Ltd

In a former Company, we used Wilder Coe for Payroll provision and always received an… Read more “Mueller Company International Holdings LLC”

Martin Topps – Vice President - International Sales, Mueller Company International Holdings LLC

We have very much appreciated the support Wilder Coe have provided to us regarding our… Read more “Bottled Science Ltd”

Gary Williamson – CFO, Bottled Science Ltd

I have found the Payroll team at Wilder Coe to be helpful, professional and flexible.… Read more “Asustek (UK) Ltd”

Liz Jones – HR Manager, Asustek (UK) Ltd

Configure One is one of the most successful providers of pioneering product configuration, pricing and… Read more “Xero sets the bar high according to Configure One”

Jon Lidbury, European Managing Director, Configure One™

As the distribution arm of Sydney based television production company Flame Productions, Flame Distribution Ltd… Read more “Flame Distribution Ltd”

Edmund Henning, Finance Director, Flame Distribution Ltd

Optigrün International AG are at the forefront of the green roof system solutions market, installing… Read more “Optigreen Ltd”

Stefan Zeller, Optigreen Ltd

Need help? Contact us today

If you would like to see full details of our data practices please visit our Privacy Policy and if you have any questions please email info@wildercoe.co.uk.