Investigation into the role of R&D tax credit boutique firms in the UK

Boutique R&D tax credit firms have multiplied in the UK in recent years but little is known about their identity or impact other than anecdotal evidence. They claim to have had a significant impact upon the rapid increase in R&D tax credit claims made by SMEs. Some firms have been sold for significant sums to overseas buyers and large UK firms although financial details are often unclear. Recently they have come under scrutiny over allegations of unprofessional behaviour and lack of regulation. This project seeks to increase our knowledge of such firms, mainly through interviews of the firms themselves, although the methodologies to be used and the direction of research are very flexible and can be tailored to the applicant's strengths. Any applicant must have a demonstrable interest in UK taxation and at least basic knowledge of how the UK R&D tax credit system operates. Applicants can be from a range of backgrounds including law, economics or accountancy.