Oakbank Innovations Ltd.

At Oakbank Innovations Ltd (OBI) we are a Scottish-based tax consultancy and University spin-out established to enable Small to Medium-sized Enterprise’s (SME's), start-ups and micro businesses to claim for R&D tax relief services. More than 99.9% of UK businesses fall within this bracket and often are overlooked, neglected and overcharged by industry specialists. Why.We.Exist We exist to disrupt an industry where success fees have risen above 33% of the client's benefit. We exist to allow even the smallest of businesses to claim for this relief whilst charging lower fees for doing so and with no fear of 4 year lock-in contracts which have become the norm within the industry. We exist to provide; Accountancy firms, legal practices and business advisors with a trusted resource to help their clients unlock funds within their businesses. We exist to help businesses operating in Scotland with claiming for R&D tax relief. Of the £5bn awarded to UK business last year - just 4% of this amount was awarded to those with a head office based in Scotland. At Oakbank Innovations, we can greatly speed up the process as technical reports which would historically take up to several weeks to complete can now be completed remotely within 1-2 hours through utilising innovative new software.