From Compliance to Capability: Structuring R&D Tax Preparation in "Real-Time" to Professionalise Innovation

Preparing R&D tax credit claims has traditionally been a retrospective, year-end scramble — one that often relies on memory, scattered evidence, and hurried narratives. This approach can introduce risk, undermine the credibility of claims, and place an unnecessary burden on finance and technical teams alike. 

But what if R&D tax preparation could be modular, real-time, and seamlessly embedded into your development process?

A High-Resolution Approach, One Pixel at a Time

Think of your R&D tax credit claim as a high-resolution image. Traditional, retrospective approaches ask you to recreate the full picture long after the action has passed—blurry, low-detail, and vulnerable to gaps. A modular, real-time approach instead captures each “pixel” as the project unfolds. Every meeting note, technical decision, timesheet entry, or test result is a data point—timestamped and context-rich. Over time, these pixels accumulate to form a detailed, audit-ready image, with a clear field of view into the scientific and financial contours of your work.

Building Audit-Ready Clarity Through Time-Layered Evidence

Just as your team builds a full-resolution image over time, auditors don’t need—or want—to view every pixel all at once. Most interventions begin with a request for high-level summaries: financial totals, project titles, brief descriptions. From there, auditors may zoom into specific areas of interest—accessing project-level reports, then individual work package details, and eventually, supporting evidence like test logs, timesheets, or third-party invoices. A real-time approach aligns perfectly with this need for layered clarity. It allows you to control the narrative: presenting a crisp overview upfront, then progressively revealing deeper, timestamped documentation as questions emerge.

Audit Ready:  Presenting a crisp overview upfront, then progressively revealing deeper, timestamped documentation as questions emerge. 

The ReaDI-Watch Approach — Structured, Seamless, Scalable

At ReaDI-Watch, we’ve designed our system to make this modular, time-layered preparation practical for teams. 

Our approach blends structured interviews with R&D leaders—capturing narrative and technical rationale—with platform integrations that pull evidence directly from development, timesheet, and ERP systems. This dual input ensures each “pixel” of the R&D claim is both contextually rich and traceable to source data. Projects are broken down into discrete work packages, each mapped to the financial year and aligned with claim criteria, and continuously updated over time. The result is a living, breathing audit-ready record—ready to surface summaries, detailed reports, or deep evidence files as needed.

Our service team manages the process end-to-end on your behalf, while ensuring you retain full ownership, oversight, and control over your information and decisions—keeping compliance aligned with your strategic goals.

Our "Real-Time" Approach

Real-Time as a Foundation for Smarter Innovation

ReaDI-Watch, at our core, believe in “real-time.” We see R&D tax credits not just as a financial incentive, but as a mechanism to reinforce how companies tackle uncertainty and pursue technological advancement. By aligning with innovation management standards like ISO 56002, our approach helps organisations embed structure, evidence, and intent into their R&D workflows—elevating innovation from ad-hoc activity to disciplined capability. As Innovation and R&D emerge as recognised, professional functions within the modern enterprise, we’re proud to be driving that shift—equipping teams with the tools, processes, and mindset to treat R&D as both a strategic asset and an accountable practice.

Case Studies of Science-Based, "Real-Time" R&D and Innovation Companies

Partnering on Science, Not Replacing Tax Expertise

We position ourselves as science-first, management-specialist, partners in the R&D tax credit ecosystem—not as substitutes for tax accountants or specialist R&D tax firms. Our core focus is on helping companies capture, structure, and communicate the scientific and technological substance of their R&D activities. Through structured interviews, platform integrations, and evidence-based work package design, we build the foundation on which accurate, defensible claims can stand.

We actively invite collaboration with tax advisers, and maintain an open-door policy—whether you're working with a Big Four firm, a boutique tax credit specialist, or an in-house finance team. In this model, your tax partner retains full ownership of claim calculations, thresholds, and filing mechanics, while we provide the evidentiary spine: the timelines, uncertainties, experiments, and narratives that make the science real and auditable. Together, this dual approach delivers claims that are complete, credible, and resilient under scrutiny.

Want to 1:1 with Dave Byrne, Co-Founder & CEO?