Jumpstart is the UK’s leading research and development (R&D) tax credit specialist. It provides a unique blend of technological and business expertise to guide companies through the complexities of submitting claims to HMRC.
Since its inception, Jumpstart has helped its client’s recover more than £43 million in R&D tax relief and has identified more than £225 million in R&D expenditure. It has achieved a claim success rate of 98.9%.
The company was voted Scotland’s fastest growing business in 2013, R&D Tax Advisor of the Year 2014 in the Business Excellence Awards and has recently received the prestigious Scottish Business Awards 2014 Customer Focus Award.
The business model is infinitely scaleable. The founders of Jumpstart studied the Canadian model of R&D tax credit redemption, which has been operating since 1986, for more than a year before making its dispositions for the UK in 2008.
They identified a rapidly-expanding UK market and have identified 42 other countries with similar tax redemption policies into which it will ultimately transplant the model in its internationalisation strategy.
The company’s objective was to operate in a sector which previously was the preserve of the Big Four accountancy practices, and it has achieved such significant market penetration that it is now the UK’s pre-eminent practitioner.
Jumpstart introduced an Adam Smith approach to the division of labour and broke the submission process down into component parts which were dealt with by experts within these parts.
Unlike financial services firms, its technical analysts are qualified to drill down into the most complex business and scientific systems and processes and present information in a uniquely compliant form.
From inception, Jumpstart instituted of one of the UK’s most rigorous employment selection policies, to ensure that its technical analysts were best in breed, and typically educated to PhD level. Its business analysts and customer engagement managers are headhunted from a pool of experienced talent with unrivalled business experience.
In terms of corporate social responsibility this innovative specialist has revolutionised its training, client service and professional development capability with its industry-leading Jumpstart Academy.s
The Academy, which is open to all of Jumpstart’s 100+ staff, has reduced the time it takes to bring its technical analysts fully up to speed with legislative complexities by a factor of 75%, from 12 months to three.
The new concept in knowledge dissemination has also created an unparalleled consistency and quality among the analyst teams.
It has created lasting relationships with authoritative bodies and groupings within the professional services arena, including the Institute of Financial accountants, RTC North, Peak Practice, Taylorcocks, 2020 Innovation, Connect2Law and the Scottish Chambers of Commerce.
For further information about Jumpstart, contact Brian Williamson, managing director at Jumpstart.
1 Fetter Lane, London, EC4A 1BR. t: +44 (0) 203 053 0770. f: +44 (0) 131 226 4506. OR
6 Atholl Crescent, Edinburgh EH3 8HA. t: +44 (0) 131 240 2900. f: +44 (0) 131 226 4506.
Issued on behalf of Jumpstart by BPM (UK), 0141 353 1515 begin_of_the_skype_highlighting.
Date: January 2015