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 develops and commercialises products and services to support clients undertaking both basic and drug discovery focused research, resulting in a client saving of £158,410!
In the year under review, the company developed new products for the purposes of compound evaluation, as well as the planning and the making of improvements to current services and the conceptualisation and planning of future services.
Our client used their tax savings to fund further development and innovation.
Our dedicated R&D team have saved over £20 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.