This cosmetics manufacturer provides professional-grade products and services for the beauty industry, offering cost-effective solutions such as refill product sizes and sustainable packaging options.
After their R&D tax credit claim was subject to an enquiry by HMRC, the company turned to randd for expert support. randd’s team successfully defended the claim, ensuring that all eligible R&D tax credits were released.
The Director commented:
“randd took the burden which saved me time to run my business.”
The company’s R&D projects included formulation development, refining production methods, and creating eco-friendly, refillable product ranges. Through close collaboration with randd, they were able to clearly demonstrate qualifying innovation and reclaim vital funding.
The successful result has since allowed the business to reinvest in new product development and scale their manufacturing capabilities, furthering growth within the beauty and cosmetics sector.
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