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.
Partners at the insolvency firm Craig Povey and Kevin Murphy were appointed liquidators on 2 February
Fraser Nicol joins the firm from EY, bringing experience in cyber security, data analytics and business technology
Rowan Williams will be responsible for growing the firm’s presence in the Gatwick Diamond and across the south east
Kevin Humphreys joins the insolvency and restructuring firm from the National Crime Agency (NCA) Economic Crime Command