When you think of “Innovative Tax Reliefs”, what is the first thing that springs to mind? Does it conjure up images of “schemy” “grey area” types of tax planning?… well worry not because we’re not going there. We’re talking Research & Development and Creative Tax Reliefs. They are very similar (but different) government-approved incentives for […]
Normally, when it comes to software, R&D is found in developing new techniques for building software and new software builds themselves – so your software development businesses. However, customisation of software to fit a business’s needs WILL also qualify where technological advancement has been made for the industry. This takes R&D projects beyond the software […]
It is crazy to see just how few digital agencies are claiming R&D tax credits. Unfortunately, this is usually due to a misunderstanding of what it means to be eligible and even worse, they have been previously wrongly advised. The truth is many digital agencies are carrying out R&D and should be claiming. If you […]
We caught up with Bashir Timol, an investor with Rebellion Biomass, to find out a little bit about one of their projects and how they were eligible to make an R&D Tax Claim worth £400K to the business. Tim: Tell us a bit about the project Bashir: “Well, the business focuses on the food, energy […]
Once you get a client referring other clients, you’d think you’ve done your job. Hmmmm there’s just one problem though. Total lack of control over the clients they send your way. How do you tell a top client’s mate, ‘er sorry you’re not our cuppa tea’. Awks. Well, there is a way. Don’t waste time waiting for clients to bring referrals and bunging them a fee. Work with the right clients, to […]
Meet Get Tanked, a Northern based craft beer company set up in 2010 by two mates Gwil & Tim (G & T…Get Tanked…get it?) who wanted to have a go at brewing beers with flavour. Beers they actually wanted to drink because it genuinely tasted the dogs bol*%cks. They started off setting up their kit […]
Getting clients to engage for an R&D claim that’s well into the future can be really tricky. A client might only be in the very early stages of business. Making an R&D claim is unlikely to be on their radar. Or, perhaps your client is well established but know they’ve got loads of time before […]
At Diagnostax and Radish Tax, we make a point of checking in with who our perfect customer is, at least every year. But to be honest it seems to evolve with our business and we naturally find ourselves looking at it more frequently. As our business has evolved, so has the strategy. Therefore, it’s been […]
There are little bits of gold that every single active business is sat on and that gold is feedback. Every time you deliver a piece of work to a client, there is an opportunity for incredible feedback. In fact, every time you interact with a client there is an opportunity for feedback. Feedback to make […]
Guest blog: James Middleton, Elevate Advice But we can’t claim for R&D? Sound familiar? It’s something I hear way too often from new clients, but around 50% of the time it’s not true. When a client tells me their previous accountant ruled them out, or that they don’t think they qualify, I don’t take it as […]
