Jumpstart opens first link in UK-wide R&D tax credit network

Edinburgh-headquartered Jumpstart, the specialist Research and Development (R&D) tax relief firm, has announced the opening of a new office in Slough.

The move is the first link in a planned regional network to raise the firm’s market share in the UK’s R&D tax credit consultancy sector and “symbolises the company’s determination to dominate the R&D tax credit guidance sector and will continue Jumpstart’s steep growth curve in a crowded market”, the firm said.

The new office at Bath Road in the M4 corridor town will accommodate six staff led by Simon Morley, who has joined Jumpstart as regional director from Deloitte, alongside Antony Beak, who joins from Grant Thornton.

Both will be supported by a three-strong team of expert science and technology analysts.

Brian Williamson managing director of Jumpstart said “This is only the start of getting the structure together based on plans we have been formulating over the past 12 months.

“Our new colleagues are a very welcome addition to the Jumpstart team. Simon and Antony will be covering the south east of England and are already renewing their relationship with professional advisers and company directors throughout the region to tell them about the advantages to be gained from R&D tax relief.

“Every year an estimated £2 billion can be claimed by UK companies in R&D tax credits; in the event hundreds of millions of pounds went unclaimed in the last financial year.

“The total amount of funds recovered from HMRC for its clients by Jumpstart since it began trading in 2008 is currently on course to reach £100 million.

“We believe there are millions of pounds worth of claims sitting waiting to be filed with HMRC; Simon and Antony are in pole position to assist companies in the south east of England to secure these funds.”

Jumpstart now employs 50 full time staff throughout the UK, with further recruitment planned by the end of 2016.