Chartered Accountants
Research & Development Claim Settled!
Our EQ Taxperts recently completed a Research & Development (R&D) claim for an engineering client based in the East of Scotland, resulting in a client saving of £32,021!
Our client is a provider of bespoke design engineering solutions catering to many different sectors, all of which have different design and safety standards.
In the year under review, the company developed some innovative solutions in the design of a system that balances air flow in industrial air conditioning systems, as well as fire ducts and acoustic enclosures, areas where it holds a market lead. The company designs the perceived solutions first, then builds prototypes to test, firstly in their own unit and, if successful, on site at the client premises.
The company continues to expand significantly, accelerated by its R&D savings which have allowed increased employment and investment in equipment and processes.
Our dedicated R&D team have now saved over £18 million for our clients. 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.
