Chartered Accountants
R&D – Software development
Sector – Software development
Company Size – £51-100m Turnover
Qualifying Costs – £4,400,611
Our client is a software development company based in the UK.
What type of work does the company do?
Our client is a company which has developed a remote monitoring application with a plethora of uses to a wide variety of businesses and individuals. Worldwide, there are a multitude of operating systems so often the integration of disparate systems represents a huge challenge to the team of developers. Given the core technology is hugely innovative of itself, there are no industry norms to refer to.
What R&D work was completed?
Among the many projects in the year, the company developed an integrating solution to allow one of its Business Intelligence products to link with remote management products. Moreover, the efficient warehousing of massive quantities of data was a challenge taken up by the company with data migration options reviewed and tested.
Finally the large increase in use of mobile and tablet devices has required core products to be adapted to ensure that the user experience of complete, accurate, secure and fast presentation of data was optimised.
What was the outcome?
As a result of the R&D claim, our client received tax savings of £553,767.
