R&D tax relief claims, prepared and defended by a specialist team.
Randd prepares R&D tax relief claims for UK companies and defends them if HMRC asks questions. Six thousand claims, eighteen years, a team of more than forty R&D tax experts. Randd is part of K3 Advisory Group.
Who qualifies
- A UK limited company.
- Six or more developers, engineers or technical staff, or about £400k a year of technical staff cost.
- Work that tries to solve a technical problem that is not already solved in the field.
If a company already claims, Randd gives a second opinion on the claim and its defence.
Three ways to introduce a client
Joe calls them within two working days and copies you on the outcome.
Two dates this quarter
- A company with a 31 December 2024 year end must file its claim for that year by 31 December 2026.
- A company that claims for the first time and has a 30 June 2026 year end must notify HMRC by 31 December 2026, or it cannot claim for that year.
What an introduction is worth
Two estimates. One for a client you introduce. One for referrers you introduce.
Developers, engineers, scientists and the people who work with them on the technical problem.
Leave blank to use 65,000 a head.
A first claim needs a Randd fee of at least £6,000 to qualify.
Introduce other referrers and earn a share of what their clients bring. Ask Joe for the terms.
How this is worked out
- Every figure is an estimate. The scoping call confirms the real numbers.
- Technical staff cost: the number of staff times £65,000 a head, unless you enter a figure.
- Qualifying spend: 80% of technical staff cost. Not all technical time is R&D.
- Relief: about 16% of qualifying spend under the merged scheme; about 27% under ERIS for a loss-making, R&D intensive company.
- Randd's fee: 15% of relief is the display assumption.
- Your commission: 15% of Randd's fee in year one, 10% each year after, for the life of the client.
- A first claim needs a Randd fee of at least £6,000.