Jumpstart forms alliance to promote R&D tax relief

AN EDINBURGH company that specialises in research and development (R&D) tax credits has made a further push into the professional services sector after forging a “strategic alliance” with Glasgow-based accountancy firm Campbell Dallas.

Jumpstart, which was founded just over three years ago, has a 31-strong team specialising in presenting “detailed, accurate and compliant” R&D tax credit submissions to HM Revenue & Customs. It claims to have already saved clients more than £12 million.

The firm described its tie-up with Campbell Dallas, which has 16 partners and 150 staff across four offices, as a “significant progression” for its professional services business.

The deal follows recent alliances with Harper Macleod, the Scottish mid-tier legal firm, and Peak Performance, an accountancy and taxation advisory network with some 450 members.

Brian Williamson, managing director at Jumpstart, said: “This is an extremely important partnership.

“Campbell Dallas is keen to actively promote the advantages to clients of properly presented R&D tax credit submissions.

“The company is a specialist in its own area and wants to be seen to be prepared to employ specialists in other relevant areas.”

The agreement will also see the firm connecting with the UHY international network of accounting firms. Campbell Dallas is the organisation’s sole Scottish member.

Aileen Scott, head of tax at Campbell Dallas, said: “The firm has a long track record of looking after clients by providing strategic business advice tailored to meet their specific needs.

“R&D tax credits can be of immense value to companies, and the process of application can be complicated, lengthy and time-consuming.”

Jumpstart, based on a business model that originated in Canada, turns over more than £2m. It has hundreds of clients, including BrewDog and Clyde Blowers, and aims to treble in size each year.

Fees are based upon results, with the firm claiming a success rate of almost 99 per cent.