Degree 53

Client: Degree 53

Sector: Technology

Geographic location: Manchester

Qualifying R&D expenditure included costs for:

The Company

Serving an international portfolio of clients in sectors including online gambling, finance, sport and education, Degree 53 specialise in mobile app and website development, UX and design and consultancy services.

The Manchester-based digital agency builds complex platforms using new technologies and serves niche client needs such as mobile betting apps and sporting results products.

The Solution

Degree 53 has a complex ownership structure, which meant that we had to pay particular attention to linked and partner enterprise legislation.

Following 15 months of correspondence with HMRC’s R&D unit, our specialist tax and R&D advisors were able to present a strong case and prove that Degree 53 should be classed as an SME for the purposes of R&D. This was a huge success for everyone involved and secured Degree 53 the extra tax relief, which was the difference between an SME R&D claim and a large company R&D claim.

“Champion have been brilliant for our business. The tax benefit we’ve claimed back through R&D has made a huge difference and changed the way we invest in new technologies. Most of what we do is bespoke development for our clients and it’s great to have an R&D partner that’s focused on us. The entire process with HMRC was lengthy, but Champion stuck at it and were determined to overcome any barriers that prevented us from being an SME.”

Andy Daniels, managing director of Degree 53

Champion Accountants has so far helped SMEs claim more than £40million in R&D relief – with a 100 per cent success rate.

To see what you could claim, contact David Herd on:

E: david.herd@championgroup.co.uk

T: 0161 703 2500

BACK TO RESEARCH & DEVELOPMENT (R&D) PAGE »

Latest News

Champion Accountants appointed by Blackp...

June 1st 2021

A Blackpool-based accountancy and auditing practice has been appointed by Blackpool Football Club. ...

What’s driving the boom in new propert...

May 31st 2021

Changes in the way buy-to-let landlords are taxed on their numerous properties have led to a rise in...

Focus
management accounts

Xero | Making Tax Digital Why Xero accounting is the digital tax platform for you ...

management accounts

Sage Business Cloud | Making Tax Digital Why Sage Business Cloud or Sage 50cloud is...

SPOTLIGHT ON R&D

Veya

Veya

Around 30 per cent of all residential property transactions arent successful. Veya has been launched to reduce that statistic by removing the frustrations that buyers and sellers face during property transactions.

Our Tweets

Champion Accountants

Growth Protection Core Support Menu
Contact