Your trusted adviser for R&D Tax Credits, Creative Tax Relief, and R&D Grants
Plastic Milk has built an impressive reputation over nearly two decades, creating outstanding animated content for leading broadcasters, production companies, and global brands. From script to screen, their full-service animation studio delivers everything from educational content to corporate communications, with technical expertise spanning 2D animation, 3D animation, motion graphics, and post-production
They were quick and efficient, and very good at explaining the technicalities to me
We worked with Myriad on an Animation Tax Relief claim. I would highly recommend them. Chris's communication was excellent, and everything was very clear and straightforward. This is the second time I have managed a claim of this nature. The first claim was done with other accountants who are specialists in the field, but they advised us incorrectly, which meant we ran into problems. By contrast, everything with Myriad went exactly to plan. They were quick and efficient, and very good at explaining the technicalities to me.
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What started as a simple phone consultation evolved into a tailored partnership that perfectly matched Plastic Milk's needs and budget.
Initial Contact: Plastic Milk reached out for telephone advice on their ATR claim. We provided comprehensive guidance, thinking our involvement would end there.
The Follow-Up: Weeks later, they returned – not for full-service support, but for targeted assistance with the most technical aspects of their claim.
Tailored Solution: Rather than insisting on our complete service package, we designed a flexible approach:
Once Plastic Milk secured their BFI certificate, we moved swiftly:
Comprehensive Review: We gathered all financial documentation, including cost reports, P&L statements, production schedules, and payroll data, to build the complete picture.
Value Enhancement: Our meticulous line-by-line analysis identified opportunities for improvement. By applying consistent overhead calculation methodologies, we increased the production's qualifying value, directly boosting their Animation Tax Credit.
Seamless Submission: We prepared all required documentation, including the Additional Information Form, tax computations, and CT600 resubmission, ensuring full compliance with current HMRC requirements. We only submitted the claim once we’d got confirmation from the client.
Successful Outcome: HMRC accepted the submission, resulting in both a tax credit and Corporation Tax refund for Plastic Milk.
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Video Games Tax Relief
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R&D Tax Credits
Please contact us to discuss how working with Myriad can maximise and secure R&D funding opportunities for your business.
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