Can Tax Cloud be used for SME and RDEC R&D tax claims?
Yes, Tax Cloud can be used for the SME, RDEC and merged schemes. Our specialist in-house R&D tax experts will work with your tax team to ensure the Corporation Tax Return is completed correctly.
How does Tax Cloud identify what projects qualify and only ensure eligible expenditure is claimed?
Tax Cloud, with guidance and support from our technologists and R&D tax experts, will guide you and your client through every aspect of the claim process. Once our experts approve the claim, a robust claim report, including a detailed technical report and costing schedule, is automatically prepared.
How does the platform assist in gathering and organising necessary supporting documentation for the R&D tax credit claim?
Our step-by-step platform guides you through the entire claim process, the output of which is a robust R&D tax credits claim report, which includes a detailed technical report and costing summary.
Can the software adapt to changes in UK R&D tax laws and HMRC guidelines?
Yes, we are constantly developing Tax Cloud to adapt to any changes in the scheme to ensure your client’s claims remain robust, optimised, and compliant.
Do you provide support in case of an HMRC compliance check into the R&D tax credit claim?
Tax Cloud’s R&D tax experts will handle any HMRC compliance checks, and this service is included at no additional fee.
Does the software integrate with other UK-specific accounting software?
Tax Cloud integrates with Xero, which allows you to bring payroll and supplier costs into the system in just a few clicks.
What kind of customer support is available?
We have a dedicated customer support team, who can be contacted via phone, email or our live chat. Each claim is allocated a Technical Consultant as well as a Cost & Tax Associate, who will review every aspect of your claim, providing advice and guidance to ensure your client’s claim is compliant, robust and optimised.
What training resources are available to help me get familiar with the software's features and capabilities?
We provide detailed training on our platform as part of the onboarding process. There is also extensive help available through every stage, including page overviews, contextual help and video tutorials. In addition, you can contact the team directly via the live chat facility, telephone or email if you require additional assistance.
How much time can I expect to save by using Tax Cloud?
From review with our partners, it typically takes 4-6 hours to enter all the required information into Tax Cloud per claim. Each claim is different and may require more or less time to be approved by our R&D tax experts.
Can I get my client to enter the technical information directly?
Absolutely. You can add an unlimited number of users to your account and set which companies they have access to. You can also limit access to just the technical sections so the people who actually worked on the R&D can enter the details of the projects themselves without visibility of financial data or costs.
Is there a free trial available?
We do not provide a free trial. However, we are happy to provide detailed 1-2-1 demonstrations of our platform. Please click here to book a free demo.
How do R&D tax credits and Tax Cloud complement my existing offerings?
The Tax Cloud platform enables you to offer a service for robust R&D tax credit claims. You will have direct access to the Tax Cloud team, which consists of leading technical, tax and costing experts. Ultimately, Tax Cloud helps you attract new clients, grow your practice and boost revenue.
How do I know if have clients that have projects that qualify for R&D tax?
The key is that the company must be undertaking development activities that seek to achieve an advancement in technology. The project must contain a level of technical uncertainty for a competent professional, so if your client has been through some ‘head-scratching’ moments to find a scientific or technological solution, that’s a good indication that they qualify for R&D tax relief.
Part of our onboarding process is to help you identify what kinds of projects will qualify.
If you’re unsure, simply get in touch. At Tax Cloud, we are here to provide expert advice and guidance at no additional cost. Our technologists will either undertake a discovery session with your client or review project information provided directly onto the platform by your client.
How do I sign up?
To sign up to our partnership program, get in touch with our team to organise an onboarding call.
I have a few more questions. Can you help me?
Sure! Get in touch with our team by giving us a call or sending us a message.
