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Any practice can now offer R&D tax credit services and earn around £325/hour

19th Oct 2018
Brought to you by
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Myriad Associates helps businesses maximise tax reliefs.

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Have you found this content useful? Use the button above to save it to your profile.

R&D Tax Claim Portal

Tax Cloud is shaking up the traditional R&D tax consultancy market.  Once a specialist area that was only reserved for R&D tax consultants and top 20 accounting firms has now been opened up to all accounting practices.  Already many practices are using Tax Cloud and have found it a great way to attract new clients, grow their practice and generate high margin revenue.  Most accounting practices that use Tax Cloud are receiving income levels at around £325/hour.

What is Tax Cloud?

Tax Cloud offers accounting practices a fully supported, simple and cost-effective online tool to help them and their clients through the R&D tax relief claim process.  Tax Cloud is powered by R&D experts Myriad Associates, who boast a 100% success rate spanning 17 years.  Myriad's specialists can be contracted directly by telephone and will review and leave comments at each step of the process.  You can also reach through the live chat facility or by email.  Once the claim has been approved by Myriad a pdf technical and costing report is auto-generated and will be emailed to HMRC.  The tax team at Myriad will produce the amended tax return and ensure the claim is processed through HMRC in a timely manner.

How do I know if my clients are eligible for R&D tax credits?

The short answer is that you don't need to know as the specialists Myriad Associates will review the project information and let you know if it qualifies.

How much are R&D tax credits worth and what is the cost of using Tax Cloud?

You will find a very handy R&D Tax Calculator on the Tax Cloud website with will give you an instant estimate of the savings and the cost of using Tax Cloud.  Accoutning practices under the Certified Partner Programme receive 30% of the Tax Cloud fee.

More details about Tax Cloud can be found at www.taxcloud.co.uk.

 

 

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