Rimilia Holding Limited

About Rimilia Holding Limited

Rimilia are the software developers behind the award winning Alloc 8 software platform. Alloc 8 is an ‘out of the box’ automated cash allocation solution. They employ 10 staff that are based in Bromsgrove, UK.Rimilia Holding Limited.

The innovation

Rimilia had already been successful in making an R&D tax credits claim for its award winning Alloc 8 platform. The original claim had focused on its revolutionary self-learning technology. However, Myriad Associates undertook a thorough review of all development activities and quickly identified considerable levels of additional R&D activities and expenditure that were claimable.

"It was clear that Myriad Associates were not just very knowledgable about the R&D Tax Relief Scheme, they also made it their business to understand our software technology and cost base. This enabled the Rimilia team to focus on their day jobs and not get tied up with the company’s R&D Tax affairs."

Chris McGibbon / Managing Director, Rimilia Holding Limited

How we helped

Myriad Associates deployed its in-house technical experts and qualified costs accountants to deliver an efficient and structured R&D tax credits claiming process.

The reward

• A 300% up lift in Rimilia’s original R&D Tax Relief Claim
• Satisfaction that the Alloc 8 technology has been rubber stamped by HMRC as being eligible for R&D funding
• Peace of mind that future R&D tax credits will be fully optimised by a leading R&D tax expert that specialises in software development claims.