R&D tax consultancy Leyton opens offices in Glasgow and Manchester
As demand grows, with clients looking to tap into a host of tax credit schemes offered by the UK and EU, R&D consultancy Leyton has launched new offices in Glasgow and Manchester. The new locations will create upwards of 80 new jobs over the next two years.
Following the introduction of the research and development (R&D) tax credit initiative in 2000, which aimed to encourage greater R&D spending and drive investment in innovation, the number of claims for R&D tax credits rose significantly ever since, with HMRC having recently confirmed it permitted £3.5 billion in R&D tax relief for the 2016-17 financial year. This has led to a boom in the appetite among businesses for consultancies which can facilitate their accessing of such relief mechanisms.
Founded in 1997, global R&D innovation funding specialist Leyton has confirmed it will expand its operations in the UK, opening two new offices in Glasgow and Manchester this week in response to growing demand for its expertise in securing R&D tax relief. The London headquartered firm has enjoyed unprecedented growth in recent years, with growing awareness of government innovation funding schemes, and the needs of clients for specialists to simplify the process and maximise potential claims for tax relief both buoying Leyton’s annual revenue.
The new Glasgow office, located in the prestigious George Square, will be led by David Kent, Head of Scotland. Kent launched Leyton’s Scottish operations in 2015, and three years later oversees a team of 50 employees in the city serving customers in powerhouse Scottish industries such as Oil and Gas, Renewables and Agriculture. The new Manchester locale is meanwhile based in the city centre, and is led by Joshua Perry, the firm’s Head of Manchester, who joined Leyton as a graduate in 2012. He is now responsible for a team of 20 newly hired staff members servicing the company’s clients across a range of industrial fronts.
Leyton currently employs more than 180 employees in the UK. The company works for many of the UK’s leading innovation businesses from SME’s to FTSE 100 companies and is one of Europe’s leading R&D tax credit specialists. With 21 offices in 10 countries, its teams of experts work to maximise the innovation potential of clients by harnessing the benefits of R&D tax credits, patent box and grant funding. The new offices will create more than
William Garvey, Managing Director of Leyton UK, commented, “Our expansion in Glasgow and Manchester
