The “Elevation” solution is aimed to provide greater clarity for businesses over their eligibility for tax incentives.
Free of charge for GovGrant’s accounting partners, the scheme will also enable accountants to generate lower valued R&D tax credit claims for their clients.
Luke Hamm, CEO at GovGrant, said: “We want to empower accountants to have the innovation conversation so they do not fall into the hands of unscrupulous ‘advisors’ throwing money at marketing, with zero experience, quality, or concern for tax payers money.
“We are very proud of what we do and why we do it so Elevation allows us to open our doors and give accountants the tools, insight, and total transparency needed to ensure their clients are in good hands and the government can continue to rely on R&D tax credits as a powerful tool to turbocharge the economy.”
Utilising technology and a platform for data transfer between GovGrant’s specialists and accountant clients, the system aims to “put a few more Sheriffs” in a market that has “sadly turned into the wild west”.