MMP Tax recognised as a ‘strong’ UK tax consultancy by Plimsoll Analysis
MMP Tax recognised as a ‘strong’ UK tax consultancy
Recent UK business data from Plimsoll recognises MMP Tax as being in a strong position to overcome financial issues caused by coronavirus – and to support clients in doing the same.
Of the 1,000 UK tax consultant companies assessed in
Plimsoll’s Special Crisis Edition analysis, less than half were given a ‘strong’ rating. That number includes MMP Tax, awarded that reassuring ‘strong’ ranking based on a balance sheet that inspires confidence.
In comparison, close to 140 businesses were given a ‘danger’ rating, and a similar number were revealed to have “large amounts of debt”. These findings mirror a recent warning from the British Chamber of Commerce, forecasting that the majority of tax consultants could ‘run out’ of cash before the end of 2020.
Plimsoll’s industry-specific reports and insights are trusted by business leaders and senior decision-makers worldwide. Their analysis is regularly updated using the latest information from Companies House, accurately reflecting the performance of UK businesses as the world continues to change.
MMP Tax is a long-standing specialist technology tax company, built on strong foundations of financial and technical know-how. It has maintained a 100% approval rating from HMRC over many years, ensuring thousands of risk free tax claim applications.
Alexis Marz, Director at MMP Tax, commented on the report’s findings: “We have worked hard to ensure MMP has solid fundamentals so we can continue to help clients maximise their innovation, especially in times of uncertainty. It is heartening to have MMP receive this ‘Strong’ rating by Plimsoll and to be recognised in this way.”