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R&D – Manufacturing

Sector– Manufacturing
Company Size – £4-5m Turnover
Qualifying Costs – £201,630

Our client is a part of a family-owned group of companies with expertise in a wide range of engineering and processing technologies. EQ only act as R&D tax advisors to this client, liaising with their existing agent in order to get the R&D claim submitted to HM Revenue & Customs.

What type of work does the company do?
This client provides food packaging solutions to its customers. The company is engaged by various food manufacturers who are looking for a bespoke packaging for their product. It is often the case that current offerings are not suitable for a number of reasons, be it durability, cost, aesthetics, etc. The company is then required to develop a packaging solution to fit the client’s particular needs.

What R&D work was completed?
The company experiments with different materials and varies the characteristics of those materials in order to produce something that will suit their needs, such as durability, aesthetics or thermal performance, as well as complying with the food safety regulations. This involves a lot of testing and trials before the company can develop the required packaging.

What was the outcome?
As result of the R&D claim, our client received tax savings of £51,000.

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