Chartered Accountants
R&D – IT security systems
Sector – IT security systems
Company Size – £1.4m Turnover
Qualifying Costs – £304,951
The company is an IT security company based in the East of Scotland.
What type of work is the company carrying out?
The company deliver a range of custom venue access control and membership systems, enabling fast, smart and secure governance of entry and exit to venues. They are committed to providing the best system for access control in terms of design and security, and work closely with their clients to meet their unique requirements and develop a bespoke solution.
What R&D work was completed?
Our client adapted their existing event access system with the aim of becoming the first fully integrated event access and accreditation access system, and investigated the use of Ultra High Frequency contactless chip reading technology.
In addition, the company made further developments to the access system to facilitate venue access using an Apple or Android device, rather than a paper ticket or card and developed a new generation waterproof access reader.
What was the outcome?
As a result of the R&D claim, our client received tax savings of £53,114.
