Who We Are:
Swanson Reed is one of the only companies in the United Kingdom to exclusively focus on R&D tax relief preparation. Swanson Reed provides R&D tax credit preparation and audit services to all the region.
If you have any questions or need further assistance, please email our CEO, Damian Smyth. Feel free to book a quick teleconference with one of our national R&D tax credit specialists at a time that is convenient for you.
What we do?
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Machine Die and Tool, and Defense and the R&D Tax Credit
Small businesses in the Machine Die and Tool, and Defence industry can benefit significantly from the Research and Development tax credit by reducing their Corporation Tax liability for qualifying activities like designing custom tooling, improving manufacturing processes, or developing innovative prototypes. Additionally, startups with limited revenue can leverage the payable cash credit, which allows them to claim a direct refund from HM Revenue and Customs, helping offset high development costs. This incentive supports cash flow, enabling reinvestment in innovation and growth. By capturing these credits, small firms can lower expenses while advancing technological improvements in precision machining and defence.
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Live Webinar: The R&D Tax Credit in the Machine Die and Tool, and Defense Industry
Duration: 60 Minutes
Learning objectives include:
- An overview of R&D Tax Credits
- Identify Qualifying Research Activities
- Define the 4-Part Test
- How to substantiate activities through documentation
- Identify Qualifying Research Expenses
Cost: FREE
CE/CPE credits: Worth one hour
Knowledge Level: Basic*
Field of Study: Taxation
Swanson Reed is one of the only companies in the United Kingdom to exclusively focus on R&D tax relief preparation. Swanson Reed provides R&D tax credit preparation and audit services to all the region.
If you have any questions or need further assistance, please email our CEO, Damian Smyth.
Feel free to book a quick teleconference with one of our national R&D tax credit specialists at a time that is convenient for you.
R&D Tax Credit Audit Advisory Services
creditARMOR is a sophisticated R&D tax credit insurance and AI-driven risk management platform. It mitigates audit exposure by covering defense expenses, including CPA, tax attorney, and specialist consultant fees—delivering robust, compliant support for R&D credit claims.
Our Fees
Swanson Reed offers R&D tax credit preparation and audit services at our hourly rates of between £195 – £395 per hour. We are also able offer fixed fees and success fees in special circumstances. Learn more at Our Fees
