Chartered Accountants
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 food producer and supplier, which resulted in a client saving of £33,035!
The company produces bespoke food products and continually develops new ways to innovative and minimise cost, improve taste, texture and improve production efficiency.
In the year under review, the company continued their research into alternative functional starches and their interaction with other ingredients, developed mass production techniques for stuffed crust pizza bites and created healthy vegetable “nuggets” for children.
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.
If you would like to discuss your own circumstances to see if you are eligible to make a claim, please get in touch with David or Ross.
