Summary
Catax, which has helped 14,000 UK clients claim back £221m in tax relief, is setting up in Vancouver to advise businesses on Canada's SR&ED scheme. The Manchester-headquartered consultancy will initially build a client base around British Columbia before expanding across Canada, led by Richard Hoy, a former senior executive at Ledcor with 28 years' experience.
The expansion follows strong growth at home: Catax achieved turnover of £11.3m in 2018/19 (nearly 30 per cent growth) and now employs 90 staff following its acquisition of London-based Fast Track SME. The firm opened a Scotland office in 2018 and is targeting revenue trebling by 2021.
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Common questions
- What is this article about?
- Specialist tax consultancy Catax, headquartered in Manchester, is expanding internationally with its first overseas office in Vancouver. The firm will help Canadian businesses claim Scientific Research and Experimental Development tax relief, similar to UK R&D tax credits.
- When was this published?
- This article was published on 11 June 2019.
- Who published this article?
- This article was published by Manchester Evening News.