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 family run company that operates dental practices that specialise in cosmetic dentistry and implants, which resulted in a client saving of £33,046!
In the years under review, the company worked on an innovative system to have a less invasive procedure for patients requiring braces. The system was less time consuming and required less referred work to dental laboratories meaning a more efficient process and a better patient experience. They company also delivered an innovative solution to those patients who experienced severe headaches resulting from stressful dental treatments.
With many dental practices having experienced significant issues in their way of working, our client used their tax savings to reinvest in its people and its processes to ensure they can continue to occupy its place at the head of the profession.
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.