Research & Development Claim Settled!
Our Taxperts recently completed a Research & Development (R&D) claim for a food manufacturing client based in East Scotland, resulting in a client saving of £29,013!
Our client has a dedicated team of development chefs developing new products, and redeveloping existing products, to meet their customer expectations.
In the year under review, our clients delivered two projects: producing a healthier plant-based burger, that remained cost effective in the marketplace, and eliminating palm oil from an existing product without reduction in quality.
R&D tax credits provide a valuable cash flow injection for eligible companies giving them the enviable problem of how to reinvest it for the benefit of the company. We have a 100% success rate for R&D claims and can assess your eligibility then prepare a claim for you, if relevant. Your involvement need not take more than three or four hours, and the benefits can be huge.