Research & Development Claim Settled!
In our experience, Research & Development (R&D) refunds are often used to reinvest for growth and preserve cash flow. At a time 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 an engineering client, resulting in a client saving of £27,223!
The company offers a one stop solution for all structural steel design, draughting, fabrication, installation and project management requirements within a wide range of industry sectors, predominantly construction, renewable energy and oil & gas.
In the year under review, the company worked on a number of projects including developing the substructure for the world’s first grid connected offshore tidal energy turbines, prototype wave energy converters as well as a prototype energy storage demonstrators to test a new, innovative way of storing and releasing energy.
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.