Partnership Formed Between IN4.0 Group and Catax to Unlock the Capital to Drive More Innovation.
IN4.0 Group and Catax are delighted to announce they are working in partnership with the aim of helping companies take maximum benefit from the government’s tax incentives related to research and development activity.
Catax is an industry leading tax consultancy specialising in Capital Allowances, Research & Development (R&D) and the Patent Box tax reliefs. They’re headquartered in Manchester, with offices in London, Edinburgh and the Channel Islands and they work with businesses throughout the UK.
Catax have been helping clients secure tax relief for over 10 years and have identified over £221m in tax benefit for their clients to date.
The IN4.0 ACCESS disruptive innovation Accelerator has been designed through IN4.0 Group’s joint venture with the University of Central Lancashire (UCLan) and in collaboration with NatWest’s world class Entrepreneur Accelerator. Starting in September 2019 over 3 months operating across the NW of England.
IN4.0’s unique approach that is supported by BAE Systems, seamlessly combines talent, technology and capital to deliver scale and success. It provides an opportunity to upskill the future leaders to scale-up their business through disruptive leadership learning and disruptive innovation applications.
Through their partnership with Catax, IN4.0 will help their ACCESS clients to unlock previously untapped capital resource. Research and Development (R&D) tax relief is awarded to businesses that invest in innovation. This innovation can be in the form of developing new systems, processes, products, materials, devices, or any changes to the way the business works.
Mike Duffy, business development manager at Catax said: “As Britain led the first, I am really proud that this partnership with IN4.0 enables Catax to contribute to the latest industrial revolution within manufacturing. The combination of IN4.0’s knowledge, capability and experience of the latest developments in manufacturing and Catax’s knowledge, capability and experience of recovering funds for innovative businesses makes this an exciting opportunity for all parties.”
Mo Isap, CEO of IN4.0 Group said: “I’m delighted with our partnership with Catax who are the leaders in the R&D Tax Relief sector having supported over 14,000 clients nationwide. The services provided by Catax are totally symbiotic with ours since our business is focused on helping clients with innovation and technology adoption. The entirety of our ACCESS Disruptive Innovation Accelerator is eligible for R&D Tax relief.”