PracticeAccounting FirmsAlma’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.

Related Articles

1,000 staff promoted at BDO

Accounting Firms 1,000 staff promoted at BDO

9m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

9m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

9m Kevin Reed, Writer
The Practitioner: Buy-to-let 'experts' trying to nick my clients

Accounting Firms The Practitioner: Buy-to-let 'experts' trying to nick my clients

10m The Practitioner
Three managerial promotions at PM+M

Accounting Firms Three managerial promotions at PM+M

10m Kevin Reed, Writer
Practices join forces to launch TaxGo digital service

Accounting Firms Practices join forces to launch TaxGo digital service

9m Kevin Reed, Writer
The Practitioner: Costs climb, but speculating to accumulate

Accounting Firms The Practitioner: Costs climb, but speculating to accumulate

9m The Practitioner
British Accountancy Awards 2016: The Winners

Accounting Firms British Accountancy Awards 2016: The Winners

10m Kevin Reed, Writer