AAB has acquired May Figures to help expand its R&D Tax Credit services across the UK and Ireland.
The advisory firm was established in 2013 by Julia May and Dr Mark Graves and has grown across the UK, delivering more than 3,500 successful R&D Tax Credit claims, worth more than £12m, to date.
This service includes assessing eligibility, preparing financial and technical reports, maximising tax savings and cash rebates through tax planning initiatives and advising on optimum client supplier and customer contracts.
May Figures will continue to trade under its current name, but will become an AAB Group company with immediate effect.
Derek Gemmell, partner and head of tax innovations at AAB, commented: “The group has grown rapidly this year, and with that growth we have seen an increasing number of our clients seeking support and specialist advice in R&D Tax Credits.
“I know our team will look forward to getting to know everyone at May Figures and welcome them as part of our expanded R&D team here at AAB.”
Julia May, founder of May Figures, added: “Joining AAB Group is a perfect fit for us as we have shared values in a number of key areas including client prioritisation, excellent service delivery, work ethos and team support, training and progression.
“I am delighted that May Figures will continue to lead the R&D tax credit technology start-up industry as an AAB Group company.”
AAB Group employs more than 650 people across 10 locations in the UK and Ireland.
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