Accountex Speaker Interview with Tax Cloud

Brought to you by Tax Cloud

In a recent Q&A, our very own David Farbey, Technical Consultancy Director for Tax Cloud and Myriad Associates, spoke with Accountex about his upcoming speaking slot at this year's show.

David’s session, which will take place at 4pm in the Tax Theatre on Wednesday 1st May, will explore all the latest information on HMRC’s R&D tax relief scheme and how the scheme can help accountants attract new clients, grow their practice and boost revenue.

Read the full interview with David below:

Accountex: How did you get into the profession?

David Farbey: I joined Myriad as a Technical Consultant four years ago, because of my career experience in the hi-tech sector, and since then I have specialised in advising companies about eligibility for R&D tax relief, helping them prepare their claims, and working on applications for government R&D grants.

Accountex: What’s the most challenging aspect of your job?

David Farbey: Explaining to companies and accountants what sort of work projects can qualify for R&D relief.

Accountex: And the most rewarding?

David Farbey: Seeing companies benefit from tax relief or cash payments for work they have already done.

Accountex: What’s on the horizon for you and the accounting sector?

David Farbey: Whatever economic situation the UK is in in the future, I’m sure that support for R&D will continue, so the sector should aim to help as many businesses as possible benefit from R&D reliefs.

Accountex: How important is Accountex to you and the sector?

David Farbey: It’s a fantastic showcase for the latest ideas and the best technology to benefit everyone in the sector.

Accountex: What do you want visitors to take away from your session?

David Farbey: That R&D tax relief is not as daunting as it may appear at first, and there are ways that accountants in practice and accountants in business can help their clients and companies benefit from this valuable form of relief.

Accountex: Who or what inspires you to be even better?

David Farbey: I enjoy helping individuals and companies achieve their goals.

Accountex: What’s the best advice you’ve ever been given?

David Farbey: “Don’t sweat the small stuff – and it’s all small stuff” – because people have a tendency to worry too much about things that aren’t really important.

See David and Tax Cloud at Accountex 2019 - Stand 140

Click here to book a demo of Tax Cloud at Accountex.

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