BAND Supercharges R&D Tax Expertise with Approved Tax Merger

3 July 2025 | 3 min read

BAND STRENGTHENS R&D TAX CREDIT EXPERTISE WITH ADDITION OF APPROVED TAX

BAND is pleased to announce that Approved Tax will be joining the Group, bringing additional R&D Tax Credit expertise into our existing Tax Advisory offering. This move reflects BAND’s commitment to continually enhancing the depth and scale of our specialist services to better support the businesses we advise.

BAND already supports a broad range of clients in identifying, qualifying for, and maximising their R&D tax credit claims. The addition of the Approved Tax team, with their proven track record and sector-specific knowledge, enables us to build on this foundation, offering even greater capability, faster delivery, and more holistic support for clients operating in innovation-led sectors.

What This Means for Our Clients
The integration of Approved Tax will:

  • Expand the size and strength of our existing R&D Tax Credit team.
  • Broaden our sector reach and technical expertise, particularly in creative industries, manufacturing, construction, engineering, and software.
  • Deliver education and training to our clients to allow for a greater level of understanding of how R&D Tax Credits may be applicable to their business.
  • Enhance our ability to deliver tailored, compliant, and value-generating R&D tax strategies at pace.
  • Provide deeper alignment between tax, funding, and growth advisory services under one roof.

No Disruption. Just Added Value.
Clients of Approved Tax will continue to work with the same team they know and trust, now operating as part of BAND Advisory Group. This means seamless continuity of service, supported by the enhanced infrastructure and wider advisory ecosystem that BAND provides. The Approved Tax team will now operate from Band’s central London office, integrating fully into the BAND Group structure.

Importantly, clients will also continue to access funding solutions through our ongoing partnership with Approved Finance Group, including business loans, asset finance, and commercial mortgages.

Building for the Future
Following the recent announcement of the acquisition of ICONAC Ltd, this development marks a further significant step forward for BAND as we scale our capability in high-value, high-growth areas. In a climate where innovation and investment go hand in hand, our expanded R&D tax team is perfectly placed to help clients unlock funding, accelerate development, and retain a competitive edge.

Gary Woodhall, CEO of Band Advisory Group, commented, “This merger significantly strengthens our offering to clients in several sectors. Approved Tax brings an outstanding track record in delivering specialist tax relief solutions. We’re delighted to welcome their team into the BAND family and look forward to delivering even greater value to the businesses we serve.”

To discuss what this means for your business or explore the enhanced services now available, please get in touch with your usual BAND or Approved Tax Client Manager.

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Julian Davies

Julian Davies

Managing Partner at Redfin


Managing partner and Chartered Accountant with 30+ years of experience in marketing, media, and creative industries. He leads the Redfin team, offering expert advice on growth and profitability. Former owner manager of an agency acquired by a listed group; his industry insights are second to none. Off duty, you might find him on the golf or tennis court, determined to master new tricks.
Shelley Watkin

Shelley Watkin

Client Finance Director at Redfin


A qualified Chartered Accountant with 20+ years of experience in the marketing services sector. During her 5+ years at Redfin, she served as Client Finance Director offering invaluable insights into strategic and commercial matters. Shelley has also assumed the role of Finance Director for various creative agencies, guiding them through successful sales processes. If she gets free time after managing her children’s busy schedules, she likes to chill out doing yoga and gardening.