R&D tax specialists announce £11.7m support since lockdown

Employment & Skills | Funding | Mergers & Acquisitions | North West

Access2Funding today announce a change in ownership with their Chief Operating Officer Dawn Coker, becoming a shareholder with a major stake in the business.

This announcement is alongside the news that the Research and Development Tax Relief specialists have returned over £11.7m in tax savings to SMEs since the COVID-19 pandemic began. This milestone contributes to the expansion of Access2Funding across the UK, who have welcomed 26 new staff members since March 2020. The company is set to triple their team by the end of the year and are currently hiring for new positions in business development, marketing and accounts.

Dawn Coker said: “As a team, we are thrilled to be assisting businesses across the UK to remain sustainable, and to have provided funding support of over £11m throughout this extremely difficult year.

“Personally, I’m really proud of what Access2Funding has achieved since the start of 2020. To be in the position that we can provide career opportunities within a recession, makes me feel extremely honoured to become a shareholder.”

Access2Funding boast a 100% claim success rate, recently turning around an R&D Tax Claim in 24-hours, resulting in £43,000 return for one small business. Alongside this, the Access2Funding team successfully claimed a huge £2.5m back for one large manufacturing business through the R&D initiative.

There are two tax relief initiatives from HMRC that Access2Funding claim using their expertise on the behalf of businesses. The first is for SMEs that have under 500 employees and €100million turnover (they may be eligible for the R&D Tax Credit scheme). Those businesses with over 500 employees and €100million turnover may be eligible for the similar RDEC Tax scheme.

To learn more about the current career opportunities at Access2Funding in Merseyside, Lancashire, Scotland and Northern Ireland click here. If you’re interested about whether your business projects may be eligible for tax savings or cash returns, contact Access2Funding 0333 990 0125 www.access2funding.co.uk

About Access2Funding: Tax Specialists and experts in business growth, Access2Funding assist small and medium sized businesses to uncover hidden funds or match them with alternative funding channels

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