About the Claim
Eventura were an existing client of the practice and, because of his understanding of the business, the client partner identified that Eventura could be eligible for R&D tax relief due to the specialist nature of some of their work.
What We Did
From initial visits, our R&D team were able to isolate projects which met the qualifying conditions under the R&D criteria:
a) Eventura’s activity included new technological advances to enable software of varying ages to interface and communicate;
b) Technical advancements to accounting software.
The cost of the projects undertaken spanned multiple years, due to the challenging nature of the solutions being developed and the fast moving nature of the software industry.
We have been able to lodge claims for a number of years, with the main qualifying expenditure being staff costs for the developers working on the project.
Following submission of the claim, Eventura received an average benefit of £10k per annum.
R&D tax relief claims for 2017*:

What the Client Said…
“We hadn’t really considered R&D Tax Credits before as we didn’t realise that software companies were eligible. When Stuart (Stead) raised it with us, we agreed to meet with the R&D team. They now visit us every year to complete a review and have saved us an average of £10k a year to date.”
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