Adsum is a fintech company that offers tax-credits-as-a-service, providing a combination of business intelligence on the real-time value of your tax credits with embedded advance funding.

    Overview

    Adsum calculates the users’ tax credits and VAT refunds every month, future-proofing cashflow by advancing the tax credits as and when needed. This enables users to re-invest the capital up to 12 months earlier than HMRC typically pays out.

    Explore all features of Adsum Portal

    Adsum Portal + Xero

    Some of the main features are: Real-time tax credits We’ll use the live information in Xero to automatically calculate all your tax credits with speed and accuracy.

    You’ll be able to see what you’ve earned this month, last month, yesterday - even today - including any:

    ● VAT credits & refunds ● Corporation tax refunds ● R&D tax credits ● Creative Industries (Film / TV / Video Game tax credits)

    You can discover and bank your tax credits in real-time. You’ll always know exactly how much your entitlement is - without ever needing to so much glance at a calculator or call your accountant because all the information you need will be at your fingertips. Instant access to your credits

    You can view your tax credits balance instantly and, if you’d like to get an advance payment, then you can cash them in with just a couple of clicks. Adsum offers two funding options; either a single lump sum advance or a rolling monthly advance based on your eligible spending.

    So instead of waiting up to 12 months to bank your tax credits from HMRC, we can advance them to you in as little as 24 hours.

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    Additional info

    Shared data

    Xero
    Adsum Portal
    Reportsshared from Adsum Portal to Xero
    Invoicesshared from Xero to Adsum Portal

    App details

    Added in 2022
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