R and D Tax
R and D Tax (RandDTax) is a UK-based specialist R&D tax credit consultancy that helps British SMBs and startups prepare and submit HMRC R&D tax relief claims on a no win no fee basis, distributed through 26 regional consultants and a network of 400+ accountancy practice referrals.
- Company typePrivate
- Founded2015
- HeadquartersWoking, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What R and D Tax does
R and D Tax (trading as RandDTax; legal entity Terry Toms and Partners Limited) is a UK-based specialist R&D tax credit consultancy that helps British limited companies identify, prepare, and submit claims for R&D tax relief under HMRC's SME and RDEC schemes. The firm operates a no win no fee professional services model, charging a percentage of the tax benefit secured for the client, and additionally provides an HMRC Enquiry defence service for both clients and non-clients. Its underlying technology footprint is modest: a client-facing RandDTax Portal for document and claim management, supported by a proprietary methodology for qualifying-activity identification developed across 7,250+ processed claims generating £221M+ in client benefit (average claim value £145,000+). All work is delivered by 26 in-house regional consultants — no subcontracting — with every shareholder (including Managing Director Terry Toms and multiple regional and principal consultants) actively involved in delivery.
The business is sales-led and distributed through two parallel motions: a direct field-sales team of regional consultants covering every UK region, and a referral channel of over 400 partnered accountancy practices that act as RandDTax's outsourced R&D department. Customer segments are UK businesses undertaking qualifying R&D (predominantly SMBs and startups across fintech, manufacturing, MedTech, engineering, construction, EV, and hospitality) and accountancy practices seeking specialist R&D support for their clients. Revenue is not publicly disclosed and the firm is privately held by its operating shareholders, with no external institutional investors, no parent company, no M&A history, and no disclosed funding rounds. The firm augments its core offering with the Giving Back program — free first-year R&D consultancy for startups and donations to the Fredericks Foundation microfinance charity — and won the SME National Business Innovation Award in 2017.
R and D Tax firmographics
Firmographics- Name
- R and D Tax
- Legal name
- Terry Toms and Partners Limited
- Website
- https://randdtax.co.uk
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- R and D Tax (RandDTax) is a UK-based specialist R&D tax credit consultancy that helps British SMBs and startups prepare and submit HMRC R&D tax relief claims on a no win no fee basis, distributed through 26 regional consultants and a network of 400+ accountancy practice referrals.
- Ownership category
- akta.pro rank
Where R and D Tax is headquartered
LocationHeadquarters
- HQ city
- Woking
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
R and D Tax business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- R&D Tax Consultancy Fees: Full-service R&D consultancy on a no win no fee basis. Fees are calculated as a percentage of the benefit (tax relief, R&D tax credits, or net RDEC credit). The fee structure is quote-based and not publicly disclosed.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Multi-year contract | No win no fee professional consultancy |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
R and D Tax product offering
Product offeringCore offering
RandDTax is a UK specialist consultancy that identifies qualifying research and development activity within client businesses, prepares and submits R&D tax credit claims to HMRC under the SME and RDEC schemes, and defends those claims during HMRC enquiries. Services are delivered on a no-win-no-fee basis, supported by a client portal for document and claim-status management, and accessed directly or via referrals from more than 400 accountancy practices.
Product overview
RandDTax is an award-winning R&D tax consultancy offering a unified service focused exclusively on helping UK businesses claim R&D tax credits. The core offering combines R&D Tax Claims Consultancy with a client-facing RandDTax Portal for managing claims. Additional services include a Free Assessment, HMRC Enquiry Service, and the Giving Back Program for startups. The company also serves accountants through a dedicated partner program with resources and webinars. The Knowledge Base provides educational content including video blogs, FAQs, and industry-specific guidance.
Differentiator
Problem solved
Functional benefit
Products and services
- R&D Tax Claims Consultancy End-to-end R&D tax credit consultancy for UK limited companies, covering identification of qualifying R&D activities, cost analysis, preparation of technical justifications, submission of claims to HMRC under the SME and RDEC schemes, and ongoing claim support. Delivered by in-house regional consultants on a no-win-no-fee basis.
- HMRC Enquiry Service
Companies that use R and D Tax
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles3 records
R and D Tax technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
R and D Tax partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and supporting.
- Fredericks FoundationcoreCharity providing small business loans to people excluded from mainstream credit. RandDTax is a long-time supporter and makes donations for every new client signed up through Fredericks. In 2020, donated £10,000. Part of the Giving Back program.
- ADISAsupportingAsset Disposal and Information Security Alliance - accreditation body for risk management and data protection in asset retirement. RandDTax helps ADISA members maximize innovation spend through R&D tax claims. Members include companies in biomass energy, cooking oils, catalytic converters, and IT equipment sectors.
- Accountancy Practices (400+)coreOver 400 accountancy practices partner with RandDTax, acting as their R&D department. Accountants refer clients to RandDTax for specialist R&D consultancy while maintaining the client relationship for filing claims.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
R and D Tax competitors and assessment
Company assessmentBroad incumbents
- BDO UK: Major UK accounting and tax advisory network with an active R&D tax incentives practice. Competes with RandDTax for SME and mid-market R&D claims but as part of a much broader audit, tax, and advisory portfolio.
- RSM UK: Mid-tier UK accounting and consulting network with R&D tax credit capabilities. Targets similar SME and mid-market clients as RandDTax but operates from a broader advisory and audit platform.
- Crowe UK: UK accounting and advisory firm with a dedicated R&D tax credits team. Overlaps with RandDTax on R&D claim advisory for SMEs and mid-market clients but offers a wider suite of compliance and advisory services.
- Grant Thornton UK: Large UK accounting and tax advisory firm serving mid-market companies, with an established R&D tax incentives practice. Comparable on R&D claim work but competes from a much broader service platform.
- KPMG UK: Big Four firm in the UK with a substantial R&D tax incentives practice. Competes with RandDTax primarily for larger and more complex claims, but also for SME clients routed through its wider network.
Direct peers
- Ayming UK: UK arm of a global innovation consultancy that advises on R&D tax credits, grants, and incentives. Comparable to RandDTax in core R&D tax service but with broader international footprint and a wider innovation funding portfolio.
- ForrestBrown: One of the largest independent UK R&D tax credit consultancies. Directly comparable to RandDTax in target market (UK SMEs with R&D activity), service offering (SME and RDEC claim preparation and HMRC enquiry support), and percentage-based fee model.
- RIFT Research & Development: UK specialist in R&D tax credits serving SMEs and mid-market companies. Closely comparable in proposition (claim preparation, HMRC enquiry defence), pricing model, and reliance on accountant referrals.
- GovGrant: UK R&D grant and tax credit consultancy. Comparable in focus on UK innovation funding (both R&D tax credits and grant claims) and similar SME customer base, with overlapping accountancy partner channels.
Emerging players
- Capital Allowance Review Service (CARS): UK specialist focused on capital allowances and certain innovation-related tax reliefs. Adjacent rather than directly overlapping, but competes for similar SME accounts and accountant referrals on property and plant-based tax incentives.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
R and D Tax social profiles
Digital presenceR and D Tax financial estimates
Financial estimateRevenue estimate
Valuation estimate
R and D Tax leadership team
Management profileNumber of profiles
Profiles11 records
R and D Tax funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
R and D Tax M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about R and D Tax
What does R and D Tax do?
RandDTax is a UK specialist consultancy that identifies qualifying research and development activity within client businesses, prepares and submits R&D tax credit claims to HMRC under the SME and RDEC schemes, and defends those claims during HMRC enquiries. Services are delivered on a no-win-no-fee basis, supported by a client portal for document and claim-status management, and accessed directly or via referrals from more than 400 accountancy practices.
Is R and D Tax a public or private company?
R and D Tax is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was R and D Tax founded?
R and D Tax was founded in 2015. It employs 11 to 50 people.
Where is R and D Tax based?
R and D Tax is headquartered in Woking, United Kingdom, in the Europe region.
How does R and D Tax make money?
One revenue line is on record: R&D Tax Consultancy Fees.
Who are R and D Tax's main competitors?
Broad incumbents on record are BDO UK, RSM UK, Crowe UK, Grant Thornton UK and KPMG UK. Direct peers are Ayming UK, ForrestBrown, RIFT Research & Development and GovGrant. Capital Allowance Review Service (CARS) is listed as an emerging player.
Does R and D Tax have an API?
No public API is recorded for R and D Tax.