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 2-year R&D claim for a software development company that designs and develops computer facilities used in insurance, communications and navigation on both a public and commercial level, resulting in a client saving of £144,213!
In the years under review, the company developed their spatial intelligence platform which enables users to connect, interact and conduct commerce in an immersive representation of the real world, as well as developing a new insurance ecosystem, using real time information to minimise or prevent loss.
Our client used their tax savings to continue developing their spatial intelligence platform with the aim to offer one innovative and efficient solution.
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.