Creatives Failing to Benefit from UK R&D Tax Credits
Jumpstart, the tax credits specialists, have signed up to the Leeds Digital Festival and is sponsoring the Visual Media Conference day at Leeds Rose Bowl on April 11.
Yorkshire Business Development Manager, Nicole Ballantyne, who has ten year's experience of helping investing businesses grow will be at the one day event to help guide the digital, internet and communications businesses keen to access funds for investment.
The manufacturing industry has long recognised that R&D tax credits give them a welcome boost to ensure they can retain their competitive edge but the creative sector has been slow to take them up.
"Jumpstart has been working with eligible business for nearly a decade and helped many diverse businesses unlock funds for investment. With our team of technical experts we work in partnership with business to identify what they can claim for and ensure that they are compliant with HMRC's rules," she explained.
"Many of our customers are in manufacturing, but creative and digital businesses often disregard them believing they don't apply to them - they do. We have already helped design and marketing companies who take business risks in the name of innovation and have technical uncertainty in their development process, but we and HMRC want to help more.
"Often a company's professional advisors don't understand the full implications of technical uncertainty and advise against applying while other companies believe the risk not worth the reward. Jumpstart takes on the hard work and makes sure that claims from businesses are maximised, whilst also being fully compliant with the legislation.
"Our simple up front assessment clarifies what a company may or may not be able to claim for early in the process," she added.
