Claimer wants to be the app for R&D tax credits

by Startacus Admin

Currently in private beta, Claimer wants to be the app for R&D tax credits, helping businesses to easily get money back from their R&D spend and at a fraction of the current cost, with a flat 5% fee. 

As a quick explainer, R&D Tax Credits is a UK Government tax initiative designed to help companies to invest in R&D. The UK Gov can obviously do better job at explaining the R&D tax credits scheme than us.

Currently most companies currently use specialist R&D Tax credit agencies to help them complete their tax credits claim. But those agencies can cost businesses a huge sum - often as much as 30% of the claim's value.

Step forward new app, Claimer which is aiming to disrupt this R&D tax credits gravy train.

With Claimer, businesses can complete an R&D tax credit claim with no accounting or tax knowledge, for a fraction of the cost (a flat 5% fee) and saving you time too.

Claimer has already reclaimed over £50k for startups in its first two weeks, claiming to have saved them £10k in fees vs specialist agencies and several thousand pounds compared to independent accountants.



In terms of time-saver, Claimer, suggests it will take a business between 20-60 minutes to input their key information, and then they process your report (using their R&D experts) and submit the claim within a matter of hours - usually the same day - with no hidden fees. Bingo.

Claimer will stay in private beta for a few more weeks to ensure everything works as well as it can before they go public, and to further develop functionality. We look forward to watching this tech startup develop - it's a finance area that is due some disruption...

If you like the sound of this app, you might want to read up on:

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• #r&d
• #r&d tax claims
• #claimer
• #fintech
• #finance
• #tax

Published on: 8th November 2018