A software development company with a plan to create the first specific music sharing app has been rewarded with a payout of £7.8k, this claim is one in a series of successes, meaning that the total gained from the tax scheme is now at around £66,000.
The software at the heart of this company is a free mobile music app that lets the user talk to their friends and play music at the same time. All users of the app love listening to music and discovering new tracks, but on mobile phones it’s previously been a solo activity. The app was developed to allow a user who has just heard a great new song whilst out and about, and had the sudden urge to play it to a friend (or friends) right there and then, to be able to do just that. No other method of doing this legally existed, making the idea extremely innovative.