Chartered Accountants
R&D – Engineering
Sector – Engineering
Company Size – £1-5m Turnover
Qualifying Costs – £270, 175
Our client is a bespoke engineering solutions company based in the North of Scotland.
What type of work does the company do?
The company undertakes multiple projects in each claim period and produces specialised equipment to a wide range of manufacturers.
What R&D work was completed?
Amongst its many R&D projects, the company created an innovative waste management for the aerospace industry, a specialist coating machine with robotic parts, a testing system for the water sector and a vial dispensing machine to a medical supplies business.
The company produces proof of concept designs in the first instance and then builds prototypes for testing, mainly on site, after which, if trials are successful, it proceeds to building a full scale machine for implementation.
What was the outcome?
As a result of the R&D claim, our client received tax savings of £66,733.
