Talk to the Taxperts

01382 312100

R&D – Engineering

Sector – Engineering
Company Size – £5.5m Turnover
Qualifying Costs – £626,176 (2 years)

Our client is an engineering company based in the East of Scotland.

What type of work does the company do?
The company delivers bespoke solutions to customers working in various different industries, developing new electrical, instrumentation and control solutions, to meet their customers’ requirements.

What R&D work was completed?
They deliver integrated solutions on often highly complicated projects, with projects including adaptations and improvements to existing manufacturing systems to allow what would be otherwise be a redundant system to continue to operate or to improve efficiencies or quality; and development of new systems to allow large scale production.

What was the outcome?
As a result of the 2-year R&D claim, our client received tax savings of £120,569.

Related Case Studies

Download our EQ app and keep up to date with tax news, changes and have access to our EQ Portal, tax calculators and key tax dates at your fingertips. Click on the relevant button on your device to download our free app.

Visit EQ Accountants Visit EQ Accountants

Explore the full range of EQ Expertise