Your trusted adviser for R&D Tax Credits, Creative Tax Relief, and R&D Grants
Your trusted adviser for R&D Tax Credits, Creative Tax Relief, and R&D Grants
The Accounting Excellence Awards, now in their 8th year celebrate the achievements of ambitious growth-oriented firms and technology suppliers within the accounting sector. This year the awards ceremony takes place on the 20th September at the Intercontinental, Park Lane.
Launched in September 2017 by Myriad Associates, Tax Cloud is an online guided portal for research and development tax credits designed and developed to shake up the traditional tax consultancy industry. Tax Cloud was the product of over 12 months of software development combined with Myriad Associates’ extensive expertise in successfully claiming R&D tax relief for its clients.
The solution was designed for businesses that are eager to take advantage of R&D tax credits, but don’t have the time or resources to make a claim themselves or through a tax advisor. Tax Cloud has been specifically designed to guide SMEs through the R&D tax credit claim process in a simple, convenient, and cost-effective way.
Myriad Associates CEO, Barrie Dowsett, said “It’s a huge honour and achievement to be shortlisted for such a prestigious national award and fitting recognition of the team’s hard work in creating an innovative platform that has made R&D tax credits accessible to businesses and accounting practices.”
Food and drink R&D (eligible under the R&D tax credit scheme) covers any project that aims to push the boundaries of knowledge and technology within the industry.
The government has published the Finance Bill 2023/24 covering the Merged Scheme and HMRC has recently provided more detail on the overseas restrictions and subcontracting rules and invited further consultation until 1st March 2024.
When the UK was still a member state of the EU, it was subject to European rules on state aid. Since Brexit, these rules have become more complex, navigating the murky waters of legislation across the English Channel.
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