A successful claim worth £15k was awarded to a student guardianship and accommodation business – taking their claim total to £25k.
This company offers guardianship and placement organisation services for international students studying in the UK, arranging accommodation for students with local families. They also offer an education consultancy service which places international students in reputable UK schools. They have used R&D to develop a bespoke business system software tool to develop their strategic focus and efficiency.
A Northampton based manufacturing firm was award £40k for their recent R&D Tax Credits Claim.
The company developed its international reputation for advanced manufacturing processes including machining and fabrication to enable its customers’ new product and process developments. They serve a range of sectors including nuclear power and Formula 1. Their latest work within the nuclear industry has required the firm to invest in the latest software for both machine tool and robot programming.
A Chesterfield based family business received a cash award of £13k making their aggregate claim value £27k.
This family business is dedicated to providing a comprehensive range of skilled manufacturing processes for engineering pattern making, tooling, modelling and mould making plus developing and manufacturing bespoke joinery and furniture. Many of the techniques the business use are traditional craft skills acquired through years of experience and learning the job from the ground up. They have undertaken a number of R&D projects that have required individual attention to achieve solutions that have included trials, prototypes and problem solving.
Could you be eligible for an R&D Tax Credits claim?
During these turbulent economic times, businesses across the country are looking for solutions to their cash flow problems. Many companies are looking for grants and loans and overlook that fact they could be eligible for R&D Tax Credits. By successfully claiming R&D Tax Credits, your company could receive a cash injection from HMRC in as little as four weeks.
Call our experts today on 01332 477 070 for a free, no obligation eligibility consultation. Your business could be our next success story!