At Lumo, we believe that Research & Development (R&D) isn’t just a tax incentive—it's a business growth catalyst. Through our refined consultancy approach “The Lumo Way” we go far beyond standard tax claim processes. We deliver a method that not only maximises claim value but also enhances HMRC enquiry protection and contributes directly to long-term business strategy and value.
The Problem with Traditional R&D Claims
Too often, R&D tax relief is viewed in isolation, a reactive, end-of-year process that serves as a financial booster. Unfortunately, this conventional route often leads to:
Incomplete documentation, increasing the risk of HMRC enquiries.
Undervalued claims, due to poor visibility of qualifying work.
Missed strategic opportunities, as innovation is divorced from business goals.
Even worse, many companies submit retrospective claims with no clear narrative or structure, resulting in minimal benefit and maximum risk.
The Lumo Way, Consultancy That Changes the Game
At Lumo, we’ve re-engineered the entire R&D consultancy model. The Lumo Way is a proactive, strategy-led framework that integrates seamlessly into your business. It’s designed to:
Identify and qualify high-value R&D opportunities.
Embed a repeatable, compliant process that withstands scrutiny.
Enhance not only your tax position, but your business capability.
Here’s how.
1. Solving for Value, Not Just a cash injection
Our goal isn’t just to get you a refund. We aim to elevate the value of your innovation by aligning your R&D with broader business goals. We start with your company vision, long-term objectives, and challenges. From there, we build out a plan that ensures the innovation you invest in creates real, measurable value.
Through quarterly strategy reviews, cost tracking, departmental check-ins, and expert guidance, we help you manage R&D like a growth initiative, not a paperwork exercise.
2. Maximising Claim Value Through Structure and Insight
The Lumo Way ensures every eligible cost and activity is captured, substantiated, and mapped to HMRC requirements. We bring in technical, financial, and operational specialists to construct a claim that reflects the full scope of your work—from staffing and prototyping to advanced data modelling and system architecture.
The result, Optimised, structured claims with average benefits of up to 27% of enhanced R&D expenditure, often recurring year-on-year.
3. Mitigating Risk with Enquiry-Ready Evidence
By integrating our consultants into your teams through regular meetings and real-time documentation, You capture evidence as you innovate. This not only reduces the compliance burden but also ensures every claim is robust, traceable, and enquiry-resilient.
Our approach is built from extensive HMRC feedback and years of claim experience—so we know exactly what red flags to avoid and what narrative strengths to amplify.
4. Supporting Sustainable Business Growth
Through smart use of R&D Tax Credits and the Patent Box regime, we help you commercialise innovation while protecting intellectual property. By guiding you from idea to market, we transform innovation into a strategic asset—fuelling growth, attracting top talent, and strengthening brand credibility.
It’s not just about tax breaks. It’s about building a company that’s fit for the future.
A Partnership that Pays Off
Whether you're developing more sustainable manufacturing techniques, futureproofing your software architecture, or simply exploring a more efficient process, Lumo helps you map the why, not just the what.
We partner with ambitious organisations—from startups to global leaders—to build out R&D strategies that create tangible outcomes:
Revenue growth through market-ready innovations
Enhanced operational capabilities
Improved valuation through protected IP and strategic vision
Let’s Talk: Free Discovery Call
We’re proud to partner with forward-thinking industry bodies like the DBN, offering members a free discovery call and bespoke strategy session. Whether you’re new to R&D or seeking to strengthen your approach, now is the time to do it the Lumo Way.
To schedule your discovery call, reach out to Lee Quarzi (Lee.quarzi@lumo.tax) or Graeme Watson (Graeme.watson@lumo.tax)
Innovation deserves more than a form and a figure. It deserves a strategy.
Let’s build it together—the Lumo Way
