Case Study

THE MONEY CLOUD

THE MONEY CLOUD

GRANTED CASE STUDY THE MONEY CLOUD £58, 000 R&D TAX CREDIT CLAIM GRANTED CASE STUDY THE MONEY CLOUD NEW OPPORTUNITIES The Money Cloud Limited is an innovative Fin-Tech company seeking to democratise financial knowledge by launching disruptive technology that enables transparency in the FX market. Granted Consultancy had previously worked with the entrepreneurial team at The Money Cloud to devel- op (successful) R&D grant applications and advised that there was the potential to develop a claim for R&D Tax Credits from HRMC. The R&D Tax Credit Scheme provides a tax incentive to companies in the form of a cash payment (or corpo- ration tax reduction) based on investment in research and development activities. THE CHALLENGE R&D Tax Credits can be claimed annually in arrears once account

Join for free to read