The EBIX Europe management team had assessed the HMRC R&D tax credit scheme, but initially felt that it would be a difficult task. As well as envisaging complexity, they were not entirely confident that they would qualify as a software company. As they weighed up the scheme they could see the opportunity but also the potential downside of burning a great deal of time, money and effort with no guarantee of success.
Working with a specialist Easy R&D consultant, with extensive experience in IT R&D Tax relief claims, we helped Ebix Europe to navigate and understand the relevant R&D Tax Credit legislation and the claims process. Within 6 weeks we were able to process and receive a substantial HRMC payment on behalf of Ebix, significantly beating their expectations on the scale of claim, while making the end-to-end process as simple as possible.
If you’re a small to medium company in the UK, you could also be claiming back up to £33 on every £100 spent on R&D. The work you do that qualifies for the R&D tax credits scheme — often embedded in the day-to-day running of your business — may surprise you.Get in touch
Find out what our clients and partners have to say about the R&D tax relief experience and how we’ve helped them.