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R&D Tax Credits benefit enables Marlborough Engineering to expand into new markets

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Tom Verner

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R&D Tax Credits benefit enables Marlborough Engineering to expand into new markets

Marlborough Engineering

Marlborough Engineering Ltd have selected Momentum Group as their trusted strategic R&D Tax Credit advisor. As specialists in Aerospace and Precision engineering solution, Marlborough are at the forefront of technology & innovation. Prior to partnering with the Momentum Group, Marlborough were carrying out their R&D tax credit claims internally and were collaborating with their external accountant which became a very time-consuming and arduous exercise for all. With a recommendation from their accountant, Marlborough contacted Momentum for the help they needed with their R&D Tax Credits strategy.

“Partnering with specialists Momentum, who fully understand the complexities of the R&DTax Credits initiative, has allowed us to maximise our benefit by identifying all the potential qualifying activity and associated expenditure” said Mark O’Kane, managing director, Marlborough Engineering.

“They also took on 90% of the work including writing the full technically compliant HMRC report. We certainly wouldn’t be able to make this level of investment back into in machinery, software and training without the strategic collaboration with Momentum. This generous tax benefit affords us to further innovate and has enabled us to expand into new markets with new and improved products.”

Whilst some companies may process their own R&D tax credit claims, it has been proven to deliveronly a proportion of what is actually allowable” said Tom Verner, managing director, Momentum Group. “Many of our clients do not realise that the activities they are undertaking count as R&D, and with the average UK claim of £61,000 companies do not want to miss out on any qualifying activities” said Tom.

Very few businesses understand the nuances of the complex legislation and how to maximise the financial benefits available. Our expert team leaves no stone unturned, and by carrying out 90% of the work our clients they are delighted with the successful outcomes we can achieve for them.”

About Momentum Group

The Momentum Group, a multi award winning advisory company, was founded in 2009 by Tom Verner. Over the years, we have become one of the UK and Ireland’s leading business consultancy practices that specialises in securing financial benefits for our clients through R&D Tax Credits.

When you partner with us, you will benefit from our in-depth understanding together with our proactive approach to R&D tax relief. We care about your business growth and will work hard to help you develop strategies to achieve the optimum result for current and future R&D Tax Credit claims.

As a long-established provider of R&D Tax Credit support, you can rely on us as most of our business comes from innovative accountancy firms, financial institutions, industry associations and corporate bodies, banks and business consultants.

Our ‘extra mile’ approach is respected throughout the sector and beyond.

Pictured above (L-R) – Liam McDonald, Project Sales Manager, Marlborough; Simon Huntley, Business Development Director, Momentum; Mark O’Kane, Managing Director, Marlborough and Tom Verner, Managing Director, Momentum

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