Research & Development Claim Settled!
Our Taxperts recently completed a Research & Development (R&D) claim for an automotive manufacturing client based in Scotland, resulting in a client saving of £17,562!
Our client is a leading garage service equipment provider, offering innovate and technical solutions for the UK automotive aftermarket.
In the year under review, our client developed a number of products that could be sold to a number of well-known car manufacturers, with particular focus on equipment for servicing the braking system that will perform to a higher standard than the existing products on the market.
R&D tax credits provide a valuable cash flow injection for eligible companies giving them the enviable problem of how to reinvest it for the benefit of the company. We can assess your eligibility then prepare a claim for you, if relevant. Your involvement need not take more than three or four hours and the benefits can be huge.