Research & Development Claim Settled!

Category: Taxation - Posted On: Feb 14 2019

Our team recently completed two Research & Development (R&D) claims for a client in the renewable energy sector based in the East of Scotland, resulting in a client saving of £40,854!

Our client has been developing new technology in the use of biomass and its application to efficient heating of greenhouses. Our client has been trialling the use of wood chip in this area and its effect on drying, growing conditions with the objective of providing a longer, more consistent and more reliable growing season.

R&D tax credits provide a valuable cash flow injection for eligible companies. They then have the enviable problem of how to reinvest it for the benefit of the company.

We have a 100% success rate for R&D claims, with every claim submitted having benefited the claimant company. We have completed over 300 claims and saved over £16 million for our clients, through a proactive approach in identifying and completing relevant claims. 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, require support or further information on R&D Tax Credits, please email our EQ Taxperts or call your local office contact.