The challenge, particularly for SME companies, is to find trusted professional service providers that deliver genuine value for money and high levels of service over time. This is why many companies stick doggedly with one provider over many years, not testing periodically whether there are more competitive alternatives in the marketplace.
BSA Buying Group recognises these issues, and has therefore developed a solution using its buying power coupled with its expertise in supply selection, tendering and ongoing performance management skills. You can be reassured that as a member of BSA Buying Group you can access highly capable service providers through our independent partner expertise.
Getting money back from HMRC - R&D Tax Credits
As procurement specialists, we understand the importance of cutting costs, boosting profits and increasing your buying power to make more efficient decisions. As part of this investment in your company, there is a high chance you will be undertaking some degree of research and development – and could be eligible for a tax credit or cash refund.
BSA Buying Group has partnered with a specialist firm of tax experts specialising in helping companies to identify R&D within their business and claim R&D Tax Credits.
Additional funding to grow your business
R&D Tax Credits provide a valuable source of funding and can transform future investment decisions into your business, depending on your growth and expansion needs. Despite the UK’s R&D Tax Credit scheme being the most generous of over 30 such tax subsidy schemes around the world, the take-up across UK business has been minimal. This has primarily been due to lack of awareness and misunderstandings - many thousands of companies are missing out on tax credits or cash.
As part of our commitment to supporting BSA clients across their business, we have created an opportunity to help access this potentially business-changing service.
How it works
The process for claiming tax refunds or cash back is straightforward, designed to maximise the benefit to you, without taking up too much time. Typically, you should expect to spend no more than half a day and could receive tax credit or cash within 4-6 weeks of your initial conversation.
Once you submit your details, our partners will:
1. arrange a meeting to explain the service in more detail and confirm if you qualify
2. request financial and project information
3. speak to key staff to extract relevant information about your work
4. produce a technical report and calculate the value of your claim
5. submit the claim to HMRC on your behalf.
Once approved, you will receive your tax credit or cash.
What does it cost?
There is no cost to your business unless the claim is successful – the service is risk-free for your company. Our partners provide a complete end-to-end service, taking care of everything.
You can go back up to 2 financial years, and claim every year going forwards – often resulting in a substantial amount of unexpected cash for a first-time claimant.
Part-time Finance Director
Through our professional services network, we've teamed up with the UK's number one source of part-time FDs. They make it possible and practical for SMEs to take on one of the UK's leading Finance Directors on a part-time basis for a fraction of the cost of a full-time FD.
They use a unique 12 Box Architecture to review every aspect of your current company finance function to include your current and future requirements. This approach means that they dig deep at the start of any new client relationship with the aim of identifying every problem area and getting everything out on the table. This helps the business owner and senior team to de-clutter all the issues and emerge with a clear roadmap and a top quality part-time FD to manage the implementation of the plan.
Click below to unlock the door - Take the F Score...
If your business is larger than £1m annual turnover, click here to rate your Finance function in 9 minutes
If you would like us to introduce you to this opportunity, please complete the enquiry form on this page and we'll get one of the UK's top FDs to give you a call without obligation. BSA does NOT earn any commission from introducing your business to this partner.
Part-time Sales/Marketing/HR/Legal Director
Clients of BSA Buying Group can now also tap into our partnership with the UK's largest provider of part time Sales/Marketing/HR/Legal Directors. As with the FD outsourcing service (above), only the highest calibre people are offered, all helping your business to accelerate its growth at a fraction of the cost of employing a full-time Director. BSA does NOT earn any commission from introducing your business to these partners.
Foreign Exchange Rates (Forex)
BSA Buying Group has sourced a multiple award-winning currency specialist to ensure that our clients enjoy the very best value when making international payment transfers.
Whether its making business payments, a one off payment, moving overseas, buying or selling property or repatriating salary – accessing BSA Buying Group's partner supplier network will help you find the right solution for your needs.
- Highly competitive exchange rates – heavily discounted charges reduced even further thanks to BSA Buying Group's buying power that could save you money compared to your bank, with no hidden fees or charges.
- Award-winning service – dedicated service from their Account Management Team plus free rate alert service.
- Quicker payments – arrange transfers online 24/7 with access to the fast available international payments.You can also set up payments to be made automatically.
- Safe and secure – our partner is FCA regulated and maintains high levels of capital and takes all necessary steps to safeguard your money.
- A range of products - spot contracts (the best exchange rate on the day) and forward contracts (to fix a rate for up to 3 years ahead, regardless of exchange rate movements).
- No contractual lock-in.
How do I engage with these Professional Service benefits?
The negative impact to your company's health of getting the wrong professional service provider could be significant so please don't leave it to chance - get in touch. Call us today (0800 254 0344) or submit the enquiry form (right hand side of this page) and we'll call you back to discuss your individual requirements and how we can support you.