Alma’s UK clients set to hit £100m in R&D tax claims

Alma's UK clients set to hit £100m in R&D tax claims

UK arm of Alma sees strong growth in 2015, with clients set to hit £100m in R&D tax claims since 2011

THE UK TAX TEAM of Alma Consulting Group is set to break the £100m R&D advisory barrier, after another strong year of growth.

As the UK arm of the European R&D tax consultancy, clients have now claimed £100m of R&D tax credits since its launch in 2000.

It is also heading for 49% growth in revenues for the 2015 financial year to nearly £4m in fee income.

Martin Hook, MD at Alma CG, said: “A key factor to our healthy growth is our specialist delivery team which, as expected, includes not only in-depth tax knowledge, but also technical expertise within our clients’ industries. It’s this hybrid expertise which has been integral to maximising our clients’ R&D tax claims.

“Being able to draw on the expertise of an international group, which has claimed nearly €1bn (£710m) of R&D tax benefits for clients globally and operates in countries where the R&D tax schemes are much more mature than the UK, has allowed us to develop a robust and future-proof service for our clients.”

The UK’s R&D tax relief schemes enable companies to obtain generous additional tax reductions for their R&D activity. They can also take advantage of EU funding, which includes the Horizon 2020 programme. It has a global budget of nearly €80bn to support research and innovation projects over the next seven years.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource