Chartered Accountants
Research & Development Claim Settled!
Our EQ Taxperts recently completed a Research & Development (R&D) claim for an engineering client operating in the East of Scotland, resulting in a client saving of £66,733!
Our client is a bespoke engineering solutions company that produces specialised equipment to a wide range of manufacturers.
In the year under review, the company undertook multiple projects including an innovative waste management for the aerospace industry, a specialist coating machine with robotic parts, a testing system for the water sector and a vial dispensing machine to a medical supplies business.
The company produces proof of concept designs in the first instance and then builds prototypes for testing, mainly on site, after which, if trials are successful, it proceeds to building a full scale machine for implementation.
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.
