Lumo works in close partnership with businesses, helping them understand and capitalise on R&D credits to both find and fund their futures.
Research and development (R&D) tax credits are a government tax relief that rewards innovative UK companies.
By ‘innovative’, we generally mean companies that spend money on developing new products, processes, or enhancing existing ones. And remember, you don’t need to be wearing a lab coat at work to claim R&D tax credits.
On average, 33p in the £1 of all qualifying costs can be claimed back.
Claiming R&D tax credits needn’t be a hassle
Claiming R&D tax credits with Lumo is a straightforward, stress-free process.
We take uncertainty out of the equation and give you a simple and honest assessment of your claim as quickly as possible, without jargon.
All we do is R&D tax credits – that’s it. So, our team know R&D tax credits inside and out.
We know the language of the tax man, we know what makes a successful claim and what doesn’t, so let us do all the legwork for you.
The government has created R&D tax credits to support innovative businesses, but very few submit a claim and get money back into their business. Make sure you do.