Chartered Accountants
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 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.
If you would like to discuss your own circumstances or require support, please email our Taxperts or for more information, visit our R&D page.
