Chartered Accountants
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.
If you would like to discuss your own circumstances or require support, please email our Taxperts or for more information, visit our R&D page.
