Skip to main content

 

Partnership with R&D tax credit

specialists R&D Tax North West Ltd


We have some exciting news! We’ve agreed a collaborative partnership with R&D tax credit specialists R&D Tax North West Ltd. This will allow us to expand our capability to offer full support for businesses seeking tax relief for their research and development activities.

@NickBiden from R&D Tax North West will look after the R&D tax relief application process, while we look after our client’s tax planning and financial accounting. This joint approach will enable us to provide a technical level of insight from a consultant known to have a keen eye for innovation.

Nick has worked on many high-profile projects, including nuclear (MofD), renewable energy and the water industry. Trained as a mechanical engineer, he has a detailed knowledge of industrial engineering, which includes project management and producing feasibility studies.

Many businesses do not realise that some of their activities are classed as research and development. We always recommend checking to see whether you’re eligible for tax credits. Nick’s in-depth knowledge of the R&D tax credit process enables him to spot opportunities for tax relief, which many businesses tend to miss.

We look forward to working with Nick in the coming months! For advice on R&D tax relief, please connect or send me a message.

Comments

Popular posts from this blog

Meet five advisers who’ll help your business become ‘fit for finance’

Meet five advisers who’ll help your business become ‘fit for finance’ Charlie Gilbert Content Manager Enterprise Nation   In our previous post, we covered the topic of  how to use any money you raise  – with the services of advisers being a crucial area small businesses should consider investing in. These services, however, are often needed before a business applies for funding. Take financial advisers and accountants, for example. Their job isn’t solely about helping you keep on top of your incomings and outgoings; it’s also about making you ‘fit for finance’ – in other words, helping position you as an attractive prospect to lenders or investors. They do this in myriad ways – from increasing profitability by helping you run your business more efficiently, to improving cashflow by advising on, and helping you implement, processes that keep cash in your business (automated payment collections, for example, or credit control). Some advisers will ensure you’re set up to scale by coaching

Fund offers £60 million for businesses looking into sustainable technologies

Fund offers £60 million for businesses looking into sustainable technologies Businesses in England, Wales and Northern Ireland who are looking to develop innovative technology in the energy sector can now bid for a share of up to £60 million in grant funding through the IETF Phase 2: Autumn 2021 competition window. The Industrial Energy Transformation Fund, launched by the Department for Business, Energy and Industrial Strategy is targeted at feasibility and engineering studies, as well as the deployment of industrial energy efficiency and deep decarbonisation projects.  Funding will be available to businesses for: Studies  - feasibility and engineering studies to investigate identified energy efficiency and decarbonisation projects prior to an investment decision.  Energy Efficiency projects  - deployment of technologies to reduce industrial energy consumption.  Deep Decarbonisation projects  - deployment of technologies to achieve industrial emissions savings.  Applications are open

What Is the Difference Between Bookkeeping and Accounting?

What Is the Difference Between Bookkeeping and Accounting? Bookkeeping encompasses organising and recording financial information, while accounting involves taking the data, summarising it, analysing, consulting and reporting. This blog will outline the differences that exist between accounting and bookkeeping in detail so that you can tell them apart. Differences between a bookkeeper and accountant An  accountancy firm  is tasked with the work of assessing and interpreting the financial data of a particular company and reporting on it. For this reason, it’s worth noting that an accountant has greater skill sets compared to a bookkeeper. A bookkeeper has the primary responsibility of handling the recording of financial transactions of a company. An accountant has to hold a certification or degree in CPA. Moreover, his/her salary is better than that of a bookkeeper. In the real sense, a bookkeeper reports to an accountant. On the other hand, a bookkeeper does not need to have any formal