Chartered Accountants
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.
