Chartered Accountants
Research & Development Claim Settled!
In our experience, Research & Development (R&D) refunds are often used to reinvest for growth and preserve cash flow. During these uncertain times when businesses must do all they can to survive, it is critical to consider all options available to maintain cash inflow.
Recently, our EQ Taxperts completed a R&D claim for a textiles manufacturing company, resulting in a client saving of £106,603!
In the year under review, the biggest individual project was the development of an anti corrosion coatings. Other interesting projects included the development of a lightweight, long lasting body armour.
Our client used their significant tax savings to re-invest in their company, buying new equipment and recruiting 2 extra staff which will allow further R&D projects to be undertaken.
Our dedicated R&D team have now saved over £19 million for our clients. Claims may require only 3 to 5 hours of your time and can be done largely over the phone with the likely result of significant tax refunds. We do not tie you into contracts and will do as much or as little as required to help businesses, the important point being to make a claim to generate cash flow.
If you would like to discuss your own circumstances to see if you are eligible to make a claim, please get in touch with David or Ross.
For more information, please visit our R&D page or to read about other claims we’ve submitted, take a look at our R&D case studies.
