R&D – Food processing equiptment
Sector – Food processing equipment
Company Size – £2m Turnover
Qualifying Costs – £130,998 (2 years)
The company is a family owned business based in the north east of Scotland.
What type of work is the company carrying out?
The company provides innovative design and manufacturing solutions predominantly to food and drink services businesses in the UK
What R&D work was completed?
The company undertook several R&D projects in the two years of claim, including the design of a brand new cleaning system designed to clean out pipes quickly and in an environmentally manner. This resulted in a client with much less wastage, thereby saving huge costs.
Another example was the company designing a whole new production process for a client who used glass jars in most of its output. The company designed, long lasting, quick and efficient processes to ensure that the client optimised its output.
What was the outcome?
As a result of the R&D claim, our client received tax savings of £130,998 (2 years).