Their seamless takeover and proactive approach uncovered additional eligible R&D, significantly boosting our claims.
Specialists in R&D
R&D Tax Credits
If your business has invested money to develop a new product or a service, you may be eligible to claim the R&D tax credit. We carry out 100% of your claim, deal with HMRC directly and charge you a fixed % based on the claim, if successful.
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Case Studies
Onetrace Ltd
SaaS First R&D Tax Credit Claim
NetAutomate Ltd
Taking Over R&D Tax Credit Advisory
Abex Capital Ltd
First R&D Tax Credit Claim
Our Services
We provide as much accounting support as you need. By a team of dedicated staff, remotely, sustainably and securely.
Growing a business is tough. But by outsourcing your accounting, you free up valuable time that you can utilise to grow your business. With our outsourced accounting services, you get support from dedicated accountants.
Learn moreManaging your taxes can be demanding, time-consuming, and tedious. By opting for our tax compliance, planning, and advice service, you stay tax compliant while saving precious time.
Learn moreScaling and growing is one of the primary goals for all businesses. With our advisory for growth support services, you can better plan for success and ensure that you are always on track.
Learn more
Sustainability
Initially, sustainability was a byproduct of our humble beginnings, of wanting to be lean and as cost conscious as possible. Working from home, meeting virtually and being 100% paperless.
Throughout the Covid lockdowns we continued working remotely and unintentionally we were being green but without actually knowing it! Now, the question we ask ourselves is, is this sustainable? Yes, and it is at the heart of everything we do. We have introduced sustainability as a core value, into our company culture, so we are aligned with the UN’s Sustainable Development goals
We deliver excellence in accounting, tax and advisory
Our set up means owners can take an extra week of holiday per year
Our remote, paperless service means you save 6 trees per year
Our secure service means your data is end to end encrypted
Our service means you save up to 40% in staffing costs, than hiring a team in house
6:14 AM
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Why Pennyhills?
We support you wherever you are
- Qualified Chartered Accountants
- Experts in R&D and Film Tax Credits
- Dedicated WhatsApp support
- Sustainable to reduce your carbon footprint
- Secure encrypted communication
One Fixed Monthly Fee which you can cancel at any time
Our simple one plan service includes all of the compliance services your business needs. Designed to grow with you, as your business grows.
Frequently Asked Questions
Pennyhills® have developed expertise in numerous industries. Our tax credit department specialises in technology, fashion and the creative sectors, such as film and TV. Our general practice department works with clients across nurseries & childcare to construction to hospitality.
We offer more than basic accounting and tax services. Our team specialises in complex tax reliefs like R&D Tax Credits and Creative Industry Tax Reliefs. We also provide proactive advice on corporate structuring, company valuation, and international tax planning for business owners who relocate. Instead of just managing your accounts, we act as a partner to help you grow your business.
Our fees are based on the value we deliver, which varies depending on a number of factors. These include the size and complexity of your business, the mix of services you require, and your business structure. We provide a fixed fee that is agreed upon upfront in your engagement letter, ensuring there are no surprise bills. We also believe in open communication and don’t charge for every phone call or email.
Switching to Pennyhills® is a simple and straightforward process, with us handling most of the work to ensure a seamless transition. After an initial consultation, you’ll sign an engagement letter, and we will then contact your previous accountant to get professional clearance and all your records. We manage the entire handover to avoid disruption to your business, and you can switch at any time of the year. The whole process typically takes just a week.
No, our offices are based in Canary Wharf, London.
We offer both a face to face, in person service, as well as a remote service if you wish.
Or a hybrid of them both. We are flexible.
From our blog
How to Create a Financial Plan for Your Fashion Brand
Written by Nidhi Yadav
How to Build a Resilient Fashion Supply Chain Without Breaking the Bank
Written by Nidhi Yadav
Ready to get started?
Get in touch with Sach and the team to find out more about how Pennyhills can transform your business.