How Raffingers has supported one design agency to become more profitable.
Whether you’re a musician, promoter or record label, TV or film director, publishing house or design studio, creative success is built on having the time and freedom to do what you do best: create. Turning this into financial success needs the support of accountants and financial advisers that fully understand the creative process.
So, if you’re a band looking for an experienced music accountant, or a production house needing help with film business finance, Raffingers can help you keep on top of day-to-day management and cashflow, stay ahead of the latest rules and grow your business by making the most of forecasting, tax benefits and funding.
Art&Graft is an award-winning design and animation production studio based in London. The team of highly skilled design specialists have worked on projects for The National Lottery, Virgin Atlantic and Nationwide – to name but a few. They may not seem your typical company to be eligible for R&D tax credits, but after speaking to them we recognised that some of their innovative work may qualify.
Partner and R&D Expert, Neill Staff guided the company through the R&D claim process and was able to claim over £70,000 in tax credit repayments. For a hi-tech design company of this calibre, this had a huge positive impact on their cash flow and meant the company could take on even more projects.