Accountants

Accounting Partners

At Innovation Tax, professional relationships are the core of our business and we work as the preferred supplier to many accountancy practices for R&D Tax Credits, Patent Box & Capital Allowances services in order to develop and enhance client relationships and generate added-value.

Our client’s own accountants are their most important advisers and, by partnering with us, the specialist knowledge that Innovation Tax possess in this niche area allows accountants to ensure their clients continue to get the best advice and service available.

 

As an accountant, you are a trusted ally behind the scenes of many businesses, understanding their intricacies and using this knowledge to provide valuable professional advice. In turn, clients rely on you to inform them of incentives available to maximise financial return and to mitigate tax liabilities.

Innovation Tax understand that you have other areas of tax to focus upon and therefore offer you our innovation tax incentive specialists (including former HMRC Tax Inspectors) to successfully assess and compile fully compliant and maximised claims, ensuring your client is satisfied and nurturing confidence in you as their chosen advisor.

Several high-profile cases have recently appeared in the national press involving possible ‘conflicts of interest’, primarily where accountants are generating high levels of non-audit / consulting income from audit clients, highlighting the importance of using independent specialists (such as Innovation Tax) to ensure the service is focused and free of objectivity.

We offer full flexibility in how you choose for us to work together so you can be sure that, whether it’s providing free consultation advice to helping your client access funding for their project activities, Innovation Tax Specialists are your Partner of Choice.

Working with us will complement the services you currently offer, increasing both retention rates and revenues and promoting opportunities for new client acquisitions.

How we operate

We manage the entire claim process from pillar-to-post, leaving you to focus on other priorities. Our unrivalled methodology is designed to deliver the best experience and outcome for your client, with the minimum of effort on their part; aside from a handful of phone calls, we would need just half a day of their time to enable us to;

  • 1
    Identify all qualifying activity in detail
  • 2
    Conduct technical research to validate and justify the claim
  • 3
    Compile a robust, fully supported claim report
  • 4
    Liaise with HMRC to expedite claim approval and settlement (typically within 28days)
  • 5
    Handle any HMRC quries which may rise

 

Why use Innovation Tax
  • We have an experienced team of Tax, Technical & Financial experts who have been involved with innovation tax incentives for an average of 8 years each. This includes a former HMRC Inspector of Taxes, who has spent several years in one of their specialist R&D units and over 20 years at HMRC.
  • Our process is smooth and efficient for both the client and the accountant. We prepare a robust and fully maximised claim report after visiting the client and discussing the projects with their senior team.
  • We assist the accountant to ensure the correct entries are made on the CT600, even if you’ve never been through the process before.
  • In the unlikely event of a query being raised by HMRC, we will deal with this in its entirety at no additional cost.

Contact Us To Discuss Working Together