R&D Tax Relief

R&DTR provides tax relief of up to 26% of the eligible expenditure for tax paying SMEs and a cash payment of up to 33.3% of the eligible expenditure identified and approved for loss making SMEs

Patent Box

The Patent Box allows companies to apply a 10 percent rate of corporation tax to profits attributable to qualifying patents


Video Games Tax Relief

Video Games Tax Relief currently may provide a net benefit of 16% for tax payers or a payable tax credit with a net benefit of 20% for loss making games

R&D Expenditure Credits

RDEC is a payable 11% credit of eligible R&D expenditure incurred, providing an after tax benefit of 8.8% at the main rate of corporation tax (20% to 01 April 2017)

R&D Capital Allowances

RDAs are the capital expenditure equivalent of the Research and Development Tax Relief scheme and provides a 100% first year allowance for qualifying R&D capital expenditure

Animation Tax Relief

Animation Tax Relief currently may provide a net benefit of 16% for tax payers or a payable tax credit with a net benefit of 20% for loss making Animations

MMP offer breadth and depth in the provision of specialist technology-based tax consultancy for our corporate clients

How we deliver our services

We focus on the technology first, and the tax second. This helps us work more closely with you, talking your language, rather than a typically stifled traditional tax and accountancy-led approach.

It’s our job to optimise your technology tax relief by working with you to identify and quantify the eligible activities, and then articulating that information into a valid tax claim that we manage from submission through to approval by HMRC.

HMRC have specialist tax inspectors and units that deal directly with claims covering areas such as R&D, patents, and video games tax relief. These specialist units also support HMRC Inspectors and Customer Relationship Managers who manage Large Business tax computations.

Our approach has three principles:

  • We understand your technology
  • We understand the finance and tax behind the relevant rules
  • We understand HMRC’s requirements