The Momentum Group Joins Forces with Composites UK

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Yolande Hanna

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The Momentum Group Joins Forces with Composites UK

Composites UK

The Momentum Group has proudly joined Composites UK to support R&D Tax Credit claims within the industry. Within the composite sector, research and development activities are a regular occurrence. R&D Tax Credits are the most valuable form of tax relief within the UK, allowing companies the opportunity to further invest and advance product development.

There is a wealth of potential for highly innovative companies within the composite industry to tap into, yet many are not claiming their full legitimate entitlement from this valuable tax relief initiative. This can be for several reasons, a lack of awareness, not understanding which activities and costs qualify for this purpose or incorrectly think they do not qualify. At Momentum, our purpose is to help innovative composite companies to unlock this potential and as a result, help them to excel.

Throughout 2019, Momentum is determined to increase awareness of, and continue leading the way in, R&D Tax Credits. Our approach has always been to apply the highest professional standards to every claim we prepare, resulting in a 100% success rate across more than 800 claims with over £125m in R&D tax relief approved. This partnership acknowledges Momentum’s reliability within the sector - a great indication to the unique and verified process.

Through helping companies claim what they are entitled to, Momentum’s expert team of chartered accountants, business, commercial and ex-HMRC technical experts support the potential for greater innovation within the sector. Momentum prides itself on providing specialist knowledge and support throughout the claiming process, including in areas such as investment in understanding and optimising R&D expenditure.

To ensure you avail correctly of the R&D Tax Credit benefits it is essential to have specialist advice. Therefore, Momentum is calling upon composite organisations in Northern Ireland and across the UK to take action in 2019 and explore this valuable incentive.

To find out more visit www.momentumgroupni.com or contact us on 028 9140 4030 for a confidential no obligation review.

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