R&D tax credit firm welcomes new tax specialist to Northern Ireland
- Access2FundingThe Northern Ireland office is based in Belfast.
- New tax specialist Kieran Newton brings together a dedicated team of four in Northern Ireland.
One of the UK’s fastest growing research and development (R&D) tax credit specialists, Access2Funding, is making its mark in Northern Ireland with the introduction of a new research and development (R&D) specialist. taxation.
Kieran Newton joins the team in Northern Ireland, bringing with him a wealth of knowledge on corporate tax for SMEs, personal tax for high net worth individuals and corporate tax planning and restructuring. companies.
Access2Funding, which has roots in England, was established in 2014 and comprises a team of qualified accountants, tax specialists and technical writers, as well as relevant industry experts.
Kieran said of his appointment: “What attracted me to Access2Funding was how quickly the business is growing and how it is establishing itself across the UK. Working alongside the Northern Ireland team, I will use my tax knowledge to maximize client claims and work alongside all departments to convey my expertise.
“The opportunity to work with pioneering companies in Northern Ireland, helping them raise funds by recognizing innovation in the form of new products, processes or services they create, is what excites me about my role. tax specialist. ”
R&D tax credits were introduced in 2000 by the HMRC to encourage innovation and result in reduced corporate tax or cash payment for businesses.
Dawn Coker, Director of Operations at Access2Funding, said: “Many companies in Northern Ireland are already embracing innovation, but many companies are losing out because they don’t realize they are eligible.
‘R&D tax credit statistics released by the HMRC showed that an astounding £ 105million was claimed in R&D tax credits in Northern Ireland in 2019, with each company claiming in average £ 65,000.
“While the main sector claiming R&D in the country is manufacturing, we are urging other sectors including food and agriculture, construction and health technology to take a closer look at what they are doing in the country. daily because they could innovate. and miss thousands of pounds.
“We have helped return over £ 23million to UK businesses in 2020 and we want to dispel any myths surrounding business R&D, with our new Tax Specialist rounding out our team of dedicated and passionate professionals.”
Access2Funding has been established in Northern Ireland since January 2021 and its team also includes Business Development Managers Michael Kelly, based in Omagh, and Ross Davidson, based in Belfast, alongside R&D Account Manager Brogan Kear.
For more information, visit the Access2Funding website or call 02890511268.