Chartered Accountants
R&D – Engineering
Sector – Engineering
Company Size – £9m Turnover
Qualifying Costs – £158,857 (2 years)
Our client is a a mechanical engineering company based in the North of Scotland.
What type of work does the company do?
The company specialises in the design, manufacture and supply of mobile hydraulic solutions.
What R&D work was completed?
The company worked on a variety of projects including redeveloping the hydraulic power unit within railway crossing safety barriers to improve reliability and service life.
What was the outcome?
As a result of their first 2-year R&D claim, our client received tax savings of £39,237.
