London– Ayming, the business performance consultancy, is today announcing the launch of it’s online R&D claim analyser tool – the first of its kind. This new, unique and user-friendly online tool will provide businesses with an insight into the extent to which their business activity is eligible for R&D tax credits.
After 30 years of expertise in R&D tax claims, Ayming have developed a simple and efficient step-by-step online tool. The tool builds out a profile of the business and its activity through the answers provided by the user and generates a report outlining their claim and gives recommendations for the businesses next steps. Ayming aim to simplify the complex world of R&D tax credits, as well as encourage businesses to undertake the process of applying for their claim with minimal issues.
Businesses can lack understanding as to whether applying for R&D tax credits will be worth their time – particularly when it is their first time applying. By providing a top-line consultation, Ayming’s new tool will allow businesses to get to grips more effectively with what the process is, how to manage their claims.
Through this, businesses will also avoid having to wait for feedback from HMRC and will reduce the risk of the claim being rejected overall.
Martin Hook, Managing Director of Ayming UK said: “Both Government and businesses alike are intent on increasing R&D expenditure, yet discovering if you have a claim can be an arduous task. Many businesses aren’t even aware they could be liable for a rebate at all, let alone how much it could be. Many of our clients are often surprised by just how much they are eligible for. The technicalities of an application can be unnerving so this tool can support and advise businesses within the space of a few minutes, sparing them a daunting, unfamiliar and confusing research task.”