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 company who designs and fabricates bespoke safety equipment, resulting in a client saving of £44,697!
In the year under review, the company was involved in the design and manufacture of equipment for a series of bespoke applications and the development of new standard equipment to comply with newly introduced UK regulations.
Our client used their tax savings to reduce the companies tax liability.
Our dedicated R&D team have 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.