Claim Value: £381,000
Over six years, an aviation company based in Tiptree, Essex, have received over £381,000 in R&D tax credits following their latest claim of £68,000. The company produce IT systems for aeroplanes – their industry-leading, sophisticated technology is designed to be user-friendly and keep aeroplanes in the air.
Research and development is vital to retain and grow the company’s customer base, as the clients in the highly competitive aerospace sector constantly search for economic efficiencies. The company carry out R&D activities to keep up with advances in aviation engineering such as the move towards more efficient and environmentally friendly manufacturing. Fully trained, certified staff that require a high level of skill and training requirements continually update evolving technology.