Brand & Digital Communications Agency saves cash in R&D Tax refund
Meet Thrive Creative
Thrive Creative are a Brand & Digital Communications Agency. They work with ambitious brands to help them realise their true potential. Discovering those powerful insights at the core of brilliantly simple ideas that transform brands and engage audiences, whatever the medium.
We caught up with Julie Carter, Finance & Operations Director at Thrive Creative to find out about their experience, making a claim with us.
How did you find out about R&D, and Radish?
“Well, we have done two claims previously with another R & D provider, but the experience was terrible. Our previous accountant couldn’t help us at it wasn’t his area, so we asked some other businesses we knew, who referred us to the previous company that delivered our R&D claim but the process with them was quite time consuming.
Eventually, we ended up changing accountants to Elevate Accounting Solutions, who introduced us to Tim at Radish and ever since we came on board the experience has been amazing.”
Did you have any doubts before undertaking an R&D claim with Radish?
“100%. In fact, I was very unsure. I was working to some tight internal deadlines; we’d only just changed accountants to Elevate Accounting and there was a deadline if we wanted to make the claim. My only experience of an R&D claim before was that it needed a lot of my time. So yes…I was very cautious!
But after one video call with Tim, all doubts evaporated as your process was so well signposted; the time you would need was well-articulated and then actually stuck to as well. I was filled with confidence after that call. Everything was plain sailing.”
How did you find the process with Radish?
“Just excellent, straight forward, very easy to understand, excellent service and very smooth in delivery.
On the first call Tim signposted the process so well. The process itself was smooth and my time was so well considered versus previous experiences. We had an initial scoping call and then a further call with the MD and then you really did the rest. Everything else was done very efficiently – it felt smooth and was completely stress free.”
How much did Thrive Creative save?
We found qualifying spends of £90,837.92 and £69,112.18 for the two respective accounting periods ending 30 September 2017 and 30 September 2018.
How has Radish helped you achieve your personal & business goals?
“The big one is around planning ref corporation tax. It’s always been a problem for us, not only do we almost feel like we have got the last two years of CT back, it feels like that. It’s also the case that we can now properly plan ahead in real time as we actually undertake the work. That puts us in such a stronger position to plan ahead, which is what we are about.
The other big goal you’ve helped us meet is creating more time in the business by delivering everything so efficiently.”
Would you recommend Radish?
I’d recommend without hesitation; in fact, we already have!
Use this link to book in a 15-minute scoping call with one of our consultants. If you qualify, you can then book in to complete the rest of the information online in a 45-minute consultation. One hour of your time, that’s it.