{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2F6f36cbfd-b6e2-49e4-90df-902152cc89b0","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"Research & Development Tax Tips for Accountants with Mike Dean (Highlights)","description":"Episode 40. On today's episode, Rob Brown of the Accountants Influencers Podcast interviews Mike Dean of WhisperClaims on the opportunities research and development or R&D gives accountants.\n\nMike Dean is a co-founder of WhisperClaims, which helps accountants deliver an in-house research and development (R&D) tax service using the best possible tools and support. He has a 15 year commercial career mostly working with tech businesses and public sector business support programmes, and was a board member at Marconi. An assignment with one of the larger R&D tax consultancies exposed him some of the challenges facing the industry. WhisperClaims' white label technology saw that the market was commoditising and recognised a need to streamline processes provide support for businesses to prepare their claims much more quickly and easily, whilst ensuring compliance. \n\nKey shownotes from the whole interview include:\n\n\u25c6 How government incentives encourage companies to do more research and development\n\n\u25c6 Examples of R&D projects and why innovation has so many different forms\n\n\u25c6 Which sectors struggle to innovate and which ones thrive in R&D\n\n\u25c6 The commercial benefits for companies of innovating and investing in R&D\n\n\u25c6 The 2 main eligibility rules for businesses to make tax claims for R&D\n\n\u25c6 The importance of science and technology to drive progress in business\n\n\u25c6 Why governments need to get involved in R&D rather than just leaving it to individual businesses\n\n\u25c6 How R&D incentives operate in most countries to deliver economic value\n\n\u25c6 The role accountants and CPAs play in the R&D tax claim process for businesses\n\n\u25c6 The main options for businesses who seek external help in putting together R&D claims\n\n\u25c6 The similarities between the R&D market in different countries\n\n\u25c6 Who dominates the R&D tax world and how they make their money\n\n\u25c6 How R&D is a lucrative advisory based non-compliance service for accountants\n\n\u25c6 The advantage for accountants of using R&D software to avoid them having to be an expert in this area \n\n\u25c6 The drawbacks of a contingent-based pricing model vz fixed fees for R&D tax claims\n\n\u25c6 The importance of a business model in R&D that puts the accountant at the hub of the client relationship\n\n\u25c6 The problem for many accountants and business clients in understanding R&D tax without dedicated time and resource\n\n\u25c6 How WhisperClaims R&D tax software works for accountants to help their clients\n\n\u25c6 What accountants should know about what is coming up in the unregulated R&D tax space in coming years\n\n\u25c6 Best advice for accountants who want to add value to their clients with an R&D tax service \n\nOutside of work, Mike has grown up twin boys, a passion for cycling. After a stellar amateur velodrome and road racing career, a mountain bike accident means he now cycles for leisure and enjoys camper van holidays with his wife Fiona.\n\nWhisperClaims website: https://www.whisperclaims.co.uk/\n\nMike Dean on LinkedIn: https://www.linkedin.com/in/mikedeanwhisperclaims\n\nNOTE TO LISTENERS:\n\nThis is a condensed highlights version of the full interview (usually 20-30 mins long), which you can catch as a bonus episode at the weekend.\n\nMartin and Rob love to hear from the show's 6000+ listeners in 140 countries around the world. If you have any questions, suggestions, comments or success stories, just type sayhi.chat/aip into your browser and leave us a quick and easy voice message. We may just feature you on the show!","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/c5b3770b-9189-4c5c-9c09-3a8aefc26c36/p8rBmL86OlMAwCBp29TTyu0a.jpg"}