Welcome to "Ask The Expert", Silverstone Technology Cluster’s podcast. In each episode, we invite seasoned professionals and industry leaders to share their insights, experiences, and strategies for navigating the complexities of modern business and the advanced engineering landscape.

In this episode, we unpack the complexities of R&D taxcredits with Felix Medd, Head of R&D at TC Group. From common pitfalls to the perks of getting it right, we share practical tips and insider insights on navigating this often-misunderstood area. We also explore the importance ofaccurate calculations, the nuances of legislative and technical definitions, and why expert guidance can make all the difference. Whether you're new to R&D claims or looking to refine your approach, this episode will help ensure your business maximises its entitlement—while staying fully compliant.

Meet our expert: Felix Medd – Head of R&D at TC Group 

Felix Medd is Head of R&D at TC Group, bringing over sixyears of specialised experience in the R&D sector. He began his career as an Analyst before progressing to lead a dedicated Enquiry Defence team at a London-based tax consultancy. 

Throughout his career, Felix has managed a broad portfolioof clients across a wide range of industries, including software, manufacturing, defence, and financial services. He's developed deep expertise in HMRC legislation and compliance processes, successfully defending approximately £10 million in client claims, many of which stemmed fromthird-party submissions. 

Working alongside ex-HMRC inspectors, qualified accountants, and technical specialists, Felix has supported businesses nationwide during HMRC compliance checks and investigations. He’s regularly engaged with HMRC’s Head of R&D Operational Compliance, contributing valuable industry insight and advocating for improvements in the enquiry process. His input has also driven enhancements in internal training, claims methodology, and reporting standards. 

Felix holds a background in M&A from his early career inHong Kong and brings a blend of commercial awareness and technical acumen to his role at TC Group. Outside of work, he’s an avid scuba diver and a Brazilian Jiu-Jitsu brown belt.

This episode is brought to you by ⁠⁠TC Group⁠⁠. TC Group’s anAccountancy Age ‘Top 20’ firm of business advisors and accountants, providing quality financial advice andstrategy, enabling you to achieve your business growth goals, safeguard your wealth, and maximise your tax efficiency. Our teams’ experience and expertise mean we understand the challenges and opportunities you face at a local, national, and even international level. We’ll invest time in getting to know you so we can provide proactive and tailored advice, supporting you in making the right decisions both now and in the future. We pride ourselves on offering more than the standard compliance services and straight-forward number crunching. Through our UK-wide network, we offer a multitude of functional accountancy and specialist business growth services along with personal financial solutions and legal advice, providing our clients with a unified “one-stop-shop” approach, saving you both time and money. With TC Group by your side, no matter how complex your financial situation may be, we have the resources and expertise to help you navigate it successfully.

If you wish to watch the video version of this episode please click ⁠here⁠.