Markel Tax is one of the UK’s leading providers of fee protection insurance and tax services to the accountancy profession, allowing firms to extend the range of services they are able to offer. It’s this unwavering reputation that makes Markel Tax the trusted tax partner to over 2,500 accountants and other professional intermediary partners, meaning they can provide specialist tax advice to their SME and personal tax clients.
In recent years, Markel’s acquisition and merger of Abbey Tax, Accountax, HowarthLynch, and Gabelle helped to secure Markel Tax’s position as a market-leading UK tax consultancy firm. Markel Tax also operates one of the UK’s most successful business helpline services. Manned by more than 60 talented and highly experienced in-house tax and VAT specialists, the helpline supports over 300,000 SMEs each year with their tax and legal challenges.
Within Markel Tax’s capability is an incentives and relief team. Our team of Chartered Tax Advisers, Chartered Accountants and PhD scientists and Engineers have a high success rate of R&D tax claims within the food manufacturing sector. Markel Tax works with food manufactures to establish eligibility and the size of the claim. Once eligibility has been established, their R&D tax specialists prepare a detailed technical report and breakdown of costs and submit the claim to HMRC, liaising with the HMRC to secure acceptance of the R&D claim.
In 2018, Markel Tax’s R&D team secured over £40m in R&D tax relief for UK companies, and have assisted businesses ranging from small start-ups, through to FTSE 250 organisations.