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 design and manufacturing company, resulting in a client saving of £167,992!
In the year under review, the company worked to create robotics solutions for production lines for food manufacturers and created bespoke medical equipment as well as a full automation system.
Our client used their significant tax savings to invest in their company with a rebrand, new equipment and hiring more staff. It also allowed them to introduce new safety procedures to protect their staff from Coronavirus.
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.