Motorsport

Our accountants are ready to craft bespoke solutions for your company’s success. With Richardsons, you gain a co-driver who offers not only financial expertise but also a deep understanding of the motorsport sector to help navigate its complexities. 

We understand that there are many technological uncertainties, and our specialist R&D team are involved in the crossover between R&D and motorsports. With knowledge to advise and assist with R&D claims and grant audits, apply for grant funding, and claim R&D tax relief, the team can assess to see if projects are working effectively. They can then help with advice, ensuring that relevant costs are claimed correctly, providing further fuel for your business’ growth. 

We ensure that you take full advantage of all available tax reliefs, including those specific to the motorsport sector, and keep you compliant with ever-changing tax regulations. 

 As well as traditional accounting services such as preparation of management accounts, tax returns and financial reporting, Richardsons can assist with the preparation and submission of R&D Tax Credits claims to HMRC. With our experience of the SME, ERIS, and RDEC schemes, we can help to ensure your claim will meet HMRC’s expectations to mitigate the risk of an enquiry.  

By ensuring that your business complies with current regulations, we take the stress out of handling your financial compliance and audit needs, allowing you to focus on developing and growing your business.