Calling All Proactive Accountancy Firms
R&D Tax Credits – get the best results for your clients and your practice
The UK Government’s R&D Tax Credit incentive is designed to stimulate innovation by encouraging companies to invest in research and development. However here in Northern Ireland the scheme is massively under-claimed. The average uptake of R&D Tax credits is only 1.6% of the UK uptake. This means many businesses are not claiming R&D Tax Credits to which they are entitled.
Momentum is partnering with a number of accountancy practices to help their clients address this situation and achieve successful R&D Tax Credit claims. Unlike any other firms providing R&D tax relief advice we are specialists in the Government’s R&D Tax Credit initiative. Moreover, we do not offer any other accountancy services and your clients’ claims are submitted by you, ensuring continuity and transparency.
We have had enormous success to date, securing tens of millions of pounds of enhanced tax relief. You may already be familiar with our firm as we have carried out successful R&D claims for numerous clients in Northern Ireland. We believe we could help you and many more of your clients in this area too.
Understanding R&D Tax Credits
Most accountancy practices have a keen understanding of R&D Tax Credits, but as it is not a core part of their business, it doesn’t receive the rigorous attention needed to secure successful claims. Managing R&D tax claims is complicated and time consuming. It requires considerable technical knowledge concerning improving product processes and systems, as well as an in-depth understanding of the legislation. Our team is well skilled in all of these areas, which contributes massively to our success rate.
Your business opportunity
A partnership with Momentum means you will be able to enhance this important source of revenue for your clients and your practice. We will work with you to identify potential R&D beneficiaries among your client base, with little or no additional work for you. Our team completes all the technical analysis, identifies what qualifies and collates this into a technical report for you to submit directly to HMRC. You benefit from added value and enhanced client relationships; outsourced risk; and a generous commercial arrangement on referrals.
Please note - we respect the need for absolute confidentiality concerning your clients, so we will commit to any non-disclosure/confidentiality agreements you may require.
So what constitutes R&D?
Businesses often undertake R&D without being aware of it. Your clients may be developing new products or modifying existing processes; implementing new systems and software; or, attempting to resolve a problem. All such activities may be eligible for R&D Tax Credits. Our skill lies in being able to identify these and achieve successful outcomes.
More about Momentum
Momentum was established in Bangor in 2009 by Tom Verner. Since then we have built a team of experienced business consultants, technical analysts and R&D financial experts who combine a deep understanding of R&D processes and tax relief. As well as working directly with local companies, a growing area of our business is partnering with forward-thinking accountancy practices to help their clients achieve successful R&D Tax Credit claims.
To date we have examined hundreds of companies, and for 94% of these we have identified eligible R&D activities. Without exception, all of our claims have been 100% successful which means we have generated tens of millions of pounds of enhanced tax relief.
Why you should partner with Momentum
Claiming R&D Tax Credits is a specialist and time-consuming area – one that requires the particular technical skills we possess. We are confident you will benefit from using our time and talent to achieve financial rewards for your clients and your practice.
Working with Momentum is straightforward and ethical. We will work with you and your clients to ensure every claim has the highest chance of success, all at no risk to either party as our work is carried out on a no win no fee basis.
Your next step
There are real business benefits in talking to Momentum about our R&D services. It only takes 45 minutes of your time. So call us today on 028 9140 4030 to arrange an appointment or email email@example.com