New R&D Tax Credit Portal Tax Cloud Allows Small Businesses to Claim their Full Entitlement

Small businesses that are considering or are already taking advantage of potentially lucrative government R&D tax credits can now make use of an online portal to help them process their claim and ensure that they are receiving their full entitlement. Tax Cloud is the technology driven platform that’s been created with innovative SMEs in mind. The platform has been specifically designed to guide SMEs through the R&D tax claim process in a simple, convenient and cost-effective way.

Barrie Dowsett, CEO of Tax Cloud, said, “The R&D tax relief process can be confusing for those that haven’t gone through it before and many businesses are under-claiming.  This means that many SMEs are missing out on tax credits that could amount to tens of thousands of pounds. For small businesses, these savings can have a huge impact, allowing them to further invest in their operations and team. Tax Cloud is all about making these vital R&D reliefs more accessible to the businesses that are behind some of the most exciting innovations and projects across a huge range of industries.”

Tax Cloud connects ambitious SMEs with the experienced professionals that can deliver specialist support. Operated by Myriad Associates, an organisation recognised for helping businesses maximise tax reliefs, small businesses know they can rely on the advice and recommendations they receive. The Tax Cloud approach not only speeds up the whole process but gives users access to an experts in their field who can review and offer support at each stage. The online platform allows firms to enter their descriptions and costs, receiving a compiled report that’s ready to send to HMRC in return.

To find out more visit taxcloud.co.uk/.