RIFT R&D

In: Accounting
Contact: Norma Thomas
Cobalt Building, Lower Pemberton, Kennington, Ashford, Kent. TN25 4BF
https://www.riftresearch.com/

RIFT R&D Tax Credits is part of the Kent based RIFT Group. We love working with innovative companies, helping them claim tax relief on money they’ve spent developing their products, services or processes.

Putting together a really strong R&D Tax Credits claim is like sifting diamonds out of rough coal. It takes a keen eye for detail and a thorough knowledge of the regulations. Here’s why we’re the best:

  • We’re specialists in hunting down every qualifying cost and activity in your business
  • We speak HMRC’s language too, and have never had a client’s claim rejected
  • We’re here to stay. We’re a family owned business established in 1999 and employing over 160 people
  • We recently won the bronze award in the Kent MegaGrowth 50 and won the KEiBA award for our customer service

Not nearly enough business owners know about R&D Tax Credits, or realise what an enormous boost they are. Many mistakenly assume that they’re too difficult to qualify for or underestimate the scale of what’s on offer. Some simply can’t imagine that the scheme would even apply to their business. RIFT R&D Tax Credits is working hard to change all of this, and we’re only just getting started.

Jonathan Exall, Finance & Marketing Director

RIFT have provided a very personal and engaging service by quickly understanding our business and any innovation tax credit opportunities, resulting in 2 very successful tax credit claims!

McNealy Brown

In 2018 alone RIFT was able to identify £130,725.89 of qualifying R&D activity for specialist steel fabricators and architectural metalworkers, McNealy Brown limited. Having worked together for a number of years RIFT already had a good understanding of their project, process and ways of working. This relationship allowed RIFT to maximise the value of the claims each year. Their 2018 projects in Westminster Abbey and the Dartford Tunnel both qualified for R&D tax relief. The Westminster Abbey work involved building steel and timber staircases, requiring a bespoke hoist and significant innovation to synthetically “age” some of the materials. The Dartford Tunnel project meant stopping both existing and future leaks in the crossing. A bespoke guttering system was required, since no suitable materials existed.
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