Haverhill-based Fiscale secures New Anglia LEP Growing Business Fund grant

Members of the Fiscale team, from left, John Mayhew, executive chairman, Madeline O’Mahoney, senior

Members of the Fiscale team, from left, John Mayhew, executive chairman, Madeline OMahoney, senior claims administrator, and Stephen Bunting, technical director, pictured with the trophies the firm received at the recent One Haverhill Apprenticeship Awards. Photo: One Haverhill - Credit: Archant

West Suffolk-based consultancy Fiscale has received a £10,800 grant from the New Anglia Local Enterprise Partnership (LEP) in support of a software development project.

Fiscale, from Haverhill, offers specialist advice on research and development (R&D) tax credit applications and has saved clients around £1.7million in Corporation Tax since its launch 18 months ago.

The grant, awarded under New Anglia LEP’s Growing Business Fund initiative, will support a £54,000 project to develop the functionality of customer relationship management software and provide software to help clients “harvest” financial data for their tax credit claims once their initial application has been processed.

Fiscale was jointly founded by John Mayhew, who previously ran HET Software for nearly 20 years before selling the company in 2012, and Stephen Bunting, an R&D tax credit specialist.

Mr Mayhew, executive chairman, said: “We are delighted with how Fiscale has performed over the 18 months.

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“We have an excellent team with a strong skillset and, most importantly, we have helped secure funds for our clients which have made a significant impact on their businesses. It is a very rewarding experience to phone a client and let them know much their claim is going to be worth.”

He added: “We are very grateful for the support provided by business growth adviser Richard Glinn. Richard gave us excellent advice in the first place on the availability of the scheme.”

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