There was a lack of resources to develop and implement an internal programme for accurately assessing the large number of both discrete, and interconnected, software development projects across the business.
The client had investigated the potential for an R&D Tax claim previously, concluding that there was little or no R&D being done so there was minimal appetite for engaging a third party for this work.
An internal form-based reporting system for identifying and assessing projects was not desirable because it would consume significant internal resources to manage and upskill the people to assess the R&D work.
The Chief Technology Officer, a passionate evangelist for technology within the business, felt that the innovative R&D being carried out was not being recognised. He didn't want to do an RDEC claim unless there would be a material benefit for his Department with minimal impact on day-to-day operations.
MMP's engineers carried out a training workshop with the technology department heads.
Our delivery process was introduced to senior members of the development team and follow-up discussions carried out. This set the tone for engaging with the wider technical teams as the department heads were happy with our approach and asked their teams to find time to discuss their projects with us. This cascading series of interviews was completed in short, focused sessions. Each discussion started with an overview of the RDEC eligibility criteria ensuring the focus was on eligible projects and activities.
The consultants moved seamlessly throughout the technology and development teams, consulting with, interviewing and identifying R&D throughout a number of different development departments. MMP's team did this largely autonomously at the client's request, with regular updates. This kept the tax and finance teams up to date with progress as the service delivery progressed.
The MMP finance team, carried out a line-by-line analysis of the expenditure and compiled the RDEC calculation. The technical consultants then wrote and collated a detailed R&D Tax Relief report.
During the interviews, MMP identified that the company was ramping up expenditure on contract staff for one of its key development projects. MMP explained the various options to maximise the amount that could be included under the RDEC scheme, such as employing more R&D staff or using contractors for specific projects.
“Thank you - An amazing piece of work as ever. Very detailed, but clear, concise and reads really well. The numbers look pretty good as well! ”
MMP work with innovative technology businesses across all sectorsRead some further case studies