NI R&D firm partners with London healthtech company

  • Research and development (R&D) tax specialists, Amplifi Solutions, has announced its new partnership with a London-based tech healthcare company, isoshealth.

    Amplifi says it guides companies through the entire process with their end-to-end R&D service; from an initial exploratory meeting, creation of the R&D tax credit claim, to submission to HMRC. The firms were connected through Tech Nation’s Slack platform.

    Kim Guest, Chief Executive Officer at isoshealth said: “It’s a murky R&D world out there with lots of red tape, and constant changes in legislation. The thing is; you don’t know what you don’t know, so having a reliable, trustworthy and knowledgeable R&D team to back you up is a gift. That’s why we are delighted to announce our new partnership with Amplifi Solutions.

    “We knew whichever R&D partner isoshealth chose to collaborate with; we needed them to really get to grips with our business and software development. The team are hugely responsive - and at a senior level too.”

    RELATED: What Startups Need to Know About R&D Tax Credits

    Gary Davidson, Manager of NI Entrepreneur Engagement at Tech Nation added: “Our Slack group for new founders encourages scaling for company growth. That’s why we were so pleased that we were able to connect two very innovative companies. There’s a lot of R&D in London, so for a boutique firm like Amplifi Solutions to win the account is a huge achievement. It also goes to show that R&D works across the UK and Ireland, and it doesn’t matter where the firm are physically located. When it works, it works.”

    R&D tax credits can be awarded to any company providing they are undertaking steps in research and development – even when those projects don’t succeed.

    Chris Maylin, Managing Partner at Amplifi said that he was “very thankful” to Tech Nation for putting them in touch with isohealth, adding: “It’s a great example of how working together can yield results. Innovation can occur in any company, if a business is creating or changing an existing product, service or process; they could qualify for the R&D tax credit scheme – even if their innovation fails. It’s a support avenue that offers SMEs up to 24.7p for every qualifying £1 spent on R&D, a significant return that has helped fund many innovation projects.”

    RELATED: NI businesses awarded £75m in R&D tax credits last year

    For more information on R&D tax credits, or working with Amplifi Solutions to secure your claim, visit amplifi.solutions or call the team on +44 (0) 28 9008 0125.

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