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Myriad Associates identified £1.8m of R&D expenditure, which has resulted in corporation tax savings of £400k.Jon Mead
Managing Director, Rittman Mead Consulting
Rittman Mead Consulting specialise in the technology and delivery process of data integration, business intelligence and data warehousing solutions.
|Company:||Rittman Mead Consulting|
|Eligible R&D Project Value:||£1.8m|
|Location:||UK, US, Belgium, Australia, India & South Africa|
|Number of Employees:||100+|
Myriad Associates undertook an initial review of all Rittman Mead’s software development activities and immediately identified considerable levels of eligible R&D activities.
Rittman Mead had developed technology that significantly enhanced the business intelligence and data warehousing offerings from Oracle. This included developing real-time event driven business intelligence analytics.
Our accountants told us that we were not eligible for R&D Tax Credits.Jon Mead, Managing Director
Myriad Associates undertook informal interviews with the key Rittman Mead technical consultants. Myriad Associates then produced highly accurate and detailed technical R&D technical reports that were approved by Rittman Mead.
We were surprised how quickly they understood our business and technology” remarked Mark Bennett, Group Finance Director, Rittman Mead Consulting “Myriad went the extra mile and even helped us develop a cost capture system that allowed us to identify and map all eligible costs to each R&D project.Jon Mead, Managing Director
Satisfaction that the Rittman Mead developed technology has been approved by HMRC as being eligible for R&D funding.
Peace of mind that future R&D tax credits will be fully optimised by R&D tax experts who specialise in software development claims.