Partners in the firms we talk to are generally looking to develop their practice through two primary means; delivering new services to existing clients, or winning new business. In fact, every one of our WhisperClaims app users have engaged with us to address one—or both—of these needs in the first place. Most users have either:
- Dabbled in the R&D tax market themselves previously, but perhaps found the legislation too difficult or time-consuming to address
- Had clients who are working with third party consultants, slowing down time and driving up costs.
In both cases, what they are looking to do is to find a way to take control of this service delivery and build an in-house, own-brand service.
Who can blame them? This is an expanding market, with government investment in R&D soaring to over £22 billion p.a. and the numbers of SME applicants to the R&D tax market have consistently risen by around 20% p.a. for the last few years.
So what are the steps to safely achieve such growth?
Our WhisperClaims users have some great stories to tell to bring the whole journey of delivering an in-house R&D tax service to life.
In just two years of operation—all while servicing a niche market—over 250 WhisperClaims users have identified more than £20 million in tax benefits across 750 claims. Within that there are some real nuggets; stories from our users who’ve found claims for their clients worth thousands of pounds, often times from work they never thought would be eligible.
To get the word out, we’re running a webinar later this month that explains the benefits of building an in-house R&D service, with Alan Woods of Woods Squared and Phil Ellerby of Northern Accountants Ltd joining to share their fantastic experiences working with our software to offer real value to their clients.
Spaces still open! Click the button below or the link here for information:
Brush up on the fundamentals of the R&D tax relief scheme
Streamline your claims processes and get expert advice on the R&D tax relief scheme.