Engagement Letters & Fees

May Figures Standard Terms of Business are available on request.

Fees – R&D Tax Credits

We do not charge set up fees, filing fees or termination of contract fees.

Fees are contingent on a successful claim – computed as a percentage of the tax refund – as claims grow, the fee rate reduces. Fees therefore reflect the work involved and are not inappropriately high.

Fees – Patent Box

Fees are contingent on a successful claim – computed as a percentage of the tax saving. We understand that we may be working alongside our client for an extended period before fees are due.

Fees – Patent Drafting Service

Fees may be charged as:

  • Per diem fees, although we may delay charging the fees in the case of Tech Start-ups.
  • No-win/No-fee contingent upon the success of the patent and the tax saving.
Free Services

Any client or accountant is welcome to contact us at any time for a free, no-obligation review.

We can review:

  • Claim reports pre-submission
  • Inquiry correspondence with HMRC for a second opinion
  • Tax Profiles for appropriateness of filing and R&D or Patent Box claim
  • Technology for patentability or R&D Tax Credit claims