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 Taxperts completed a R&D claim for a biotech client that develops and commercialises products and services to support basic and drug discovery focused research, resulting in a client saving of £72,868!
The company provides a range of state-of-the-art drug discovery services to support the rapidly growing academic and commercial drug discovery interests in their field. Work undertaken in the year included development of new products for the purposes of compound evaluation. The projects required significant development based on a number of activities.
Our client used their tax savings to fund further development and innovation.
Our dedicated R&D team have saved over £22 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 email our R&D Taxperts or for more information, visit our R&D page.
