Financial Services
Jun 10, 2020Our client is a leader in its field of financial software and services. The company has to continually find new and innovative ways to build a software product that understands the ever more complex needs of its clients.
The company’s software development was extending capability in its field, but management had not appreciated the degree to which their R&D qualified for incentives. Muir’s systematic and rigorous approach to identifying the eligible R&D resulted in the company earning incentives and reliefs of £3million.
The perception within the company of innovation being rewarded led to an increased focus on leading edge R&D which contributed to a hugely successful buy out of the company.