Leading R&D tax consultancy Bonham & Brook announces a strategic collaboration with Simple Design Works (SDW), a product design and innovation agency, to create a fully integrated ecosystem that helps businesses transform ideas into market-ready products, while maximising the financial return from innovation.
This partnership bridges the gap between strategic product design and tax-based innovation funding, ensuring businesses can innovate with confidence, minimise risk, and maintain cash flow for business growth.
Innovation remains one of the UK’s most powerful drivers of competitiveness and productivity. Yet, for many companies, the journey from concept to commercial success can be both technically and financially daunting, making it essential for companies to have the right partners who can help efficiently navigate these challenges to minimise the journey from concept to market.
This partnership integrates SDW’s expertise in design and product development with Bonham & Brook’s specialism in tax reliefs and funding, offering clients end-to-end support - from design and development through to financial optimisation.
Simple Design Works specialises in strategic, user-centric product design that transforms complex ideas into viable, market-ready solutions. Their ability to handle technical complexity ensures that product innovation is both achievable and commercially sound.
In parallel, Bonham & Brook brings a decade of experience in R&D tax reliefs, Patent Box, and innovation funding, underpinned by its close collaboration with HMRC and unrivalled compliance expertise. The firm’s proven success in resolving HMRC inquiries makes them a trusted partner to support R&D claims, ensuring clients receive the full benefits they are entitled to.
Through this collaboration, businesses gain end-to-end support, from concept design, and prototype development and design for manufacture through to strategic financial planning with a compliance-centric approach.
By aligning the design process with R&D tax strategy from the outset, projects are structured to capture eligible activities as they happen – not after the fact. This means design documentation, testing records, and technical reports feed directly into the tax claim, eliminating duplication and reducing the risk of missed opportunities. Businesses benefit from shorter claim cycles, stronger audit readiness, and greater confidence that every pound invested in development brings both commercial and financial returns.
Bonham & Brook’s proactive relationship with HMRC and its focus on compliance-first claim preparation is setting a new benchmark for transparency and reliability in the R&D tax landscape. When combined with SDW’s design strategy and technical execution, clients can benefit from a partnership that powers innovation from every angle – creative, technical, and financial.
“Innovation thrives when creativity meets strategy,” said Nick Grimond, Partner at Bonham & Brook. “By partnering with Simple Design Works, we’re giving businesses the power to design smarter, claim confidently, and grow sustainably – within a compliant framework.”
“This collaboration enables our clients to move from concept to commercialisation with more clarity and confidence,” added Kristo Shivachev, Founder of Simple Design Works. “This partnership ensures that innovation and funding move hand in hand. By linking design data, testing records, and prototypes directly to R&D evidence, we’re helping clients turn their development work into tangible financial returns”
This partnership aims to create a unified innovation model. By connecting product development directly to financial strategy, innovative businesses can bring ideas to market faster, recover a higher proportion of their investment, and plan future innovation with greater certainty.
Partner, Bonham & Brook
Founder, Simple Design Works