Chartered Accountants
R&D – Engineering and Manufacturing
Sector – Engineering and Manufacturing
Company Size – £2m Turnover
Qualifying Costs – £205,270
Our client, an engineering company based in the East of Scotland, provides high end engineered and manufactured solutions to customers’ in various sectors including defence and robotics.
What type of work does the company do?
The company design and develop production processes and methods for building and shipping components in the UK and overseas.
What R&D work was completed?
During the two years under review the company created fully designed and prototyped products for their customers. This work involved a great deal of research, testing and development trials to overcome various issues which arose during the manufacturing process. The company were able to overcome these issues and deliver bespoke solutions to their customers.
What was the outcome?
As a result of the R&D claim, our client received tax savings of £39,413.
