You can find out more about the Breakthrough Group and all our different brands, as well as our founder, Sue Nelson, here.
Our Breakthrough Funding company is based in Ashford, Kent near the international rail terminal, which is just 37 minutes from London St Pancras. We also have our very own offices and radio studio on the top floor of Euston Tower as part of the Breakthrough Group, which is a great place (with spectacular views) to meet our fantastic clients and guests.
Over half of our R&D clients are based in London and the south east, but we have lots of other clients around the UK from Glasgow to Cornwall to South Wales and East Anglia.
Between us we have submitted over 1,000 R&D claims with a 100% success rate. It's all we do and in fact we are the authors of The Definitive Guide to R&D Tax Relief available on Amazon.
We love getting money back for small companies - in fact we've got back £40 million so far and counting!
As directors of Breakthrough Funding Ltd, we have successfully prepared well over 1,000 R&D tax relief claims every year since 2012. We have not had a claim rejected or materially down-graded in this time. All our competent professionals attend the company’s (officially 3CPD point verified) R&D Tax Relief training. Our Directors have also trained accountants, civil servants and agency staff on behalf of the Intellectual Property Office on the scheme.
We have 20 permanent staff based in our Ashford offices. They are solely dedicated to seeing through around 300 R&D tax relief claims for our clients every year.
OUR KEY BOARD MEMBERS
Margaret Connolly MA, FCA, CTA (Advisory board member and Consulting Partner)
Margaret trained at Coopers & Lybrand (London), is a fellow Chartered Accountant and a Chartered Tax Adviser. She was previously Head of UK Taxation for Unilever plc and has been a Senior Tax Manager at both Deloittes and KPMG, leading large teams on Owner Managed Business and Corporate Tax projects both nationally and internationally. Margaret is recognised as one of the country’s leading minds on corporate tax matters.
Sue Nelson BA(Hons), MBA, FIoD
Sue is an experienced CEO and Fellow of the Institute of Directors. She was one of three non-executive members on the Audit and Risk Committee of the Department for Communities and Local Government for six years giving audit assurance to the Permanent Secretary (Sir Peter Housden and later Lord Kerslake). She has advised ministers, sat on government advisory committees and given evidence at select committees. She is the author of two books “The Accountants Guide to R&D Tax Relief” and “The Definitive Guide to R&D Tax Credits”. She is also the Founder and Head of TLA’s FoodTech Group and a regular presenter on The TechTalk Show. She is the company’s lead tech professional.
Steve Griffiths MA
Steve was formerly the Commander for Fire and Rescue Services for North and East Kent and Station Commander for the Channel Tunnel. He was the National Fire and Rescue Service lead on the Prime Minister’s Challenge Group for Dementia. Before joining Breakthrough Funding he was Programme manager for Kent Fire and Rescue Service’s new build programme including the design of the UK’s first road safety centre. He is the company’s lead engineering and security professional.
Breakthrough Funding Ltd conduct R&D tax relief claims on behalf of many respected chartered accounting practices including;
- McBrides Chartered Accountants
- Magee Gammon Chartered Accountants
- Crowe Clark Whitehill LLP
- Beresfords Chartered Accountants
- OBS Accountants
- Blue Rocket Accounting
- Aspirations Accountancy
OUR POSITION ON REPORT SUBMISSIONS
We believe in maximising our client’s claim within the boundaries of the legislation and guidelines, but in all matters our stance is to be prudent and reasonable. In any areas of uncertainty, we seek guidance from R&D tax inspectors. Our position is not to debate the meaning of the legislation or guidance but to implement HMRC’s preferred interpretation.
WHY USE BREAKTHROUGH FUNDING?
The Breakthrough Group is a social impact business, putting ‘profit for purpose’ at the centre of our thinking. In 2016 we put 48% of our profits back into social impact activities and in 2017 it was 53%.
We're here to help innovators get back government money for the amazing work they do. We're also here to put half our profits into social impact projects. Our aim is to help small businesses become great big ones. You get money back and you have the comfort of knowing your fees go towards great social projects to help even more small businesses grow. Win win.
The profitable side of our business is in R&D tax relief. This generates our 'profit for purpose'. Since we started trading in April 2015 we’ve been helping small companies grow into great big ones by accessing this government incentive. We’ve secured £40 million in cash or tax relief for our clients as of 31 December 2017, helping those business owners make their ambitions come true and creating 150 new jobs in the process.
We are a responsible corporate citizen too; working towards the Planet Mark to ensure our environmental impact is kept to a minimum and being an ethical employer.