Engineering Firm R&D Tax Case Study

This engineering firm develops advanced aerospace solutions, including UAV rotary engine and wing technologies for global defence and civilian markets.

As an engineering firm operating at the forefront of innovation, the business undertakes significant research and development in engineering to improve performance, efficiency, and reliability across its technologies.

After being advised elsewhere that their work would not qualify for R&D Tax Credits, the company turned to randd for a fresh review of its projects.

randd’s support for R&D Tax Credits

Having previously been advised by another adviser that its work would not qualify, the business sought a second opinion from randd. Our team of R&D tax specialists conducted a detailed review of its projects, identifying qualifying R&D Tax Credit opportunities.

randd’s approach included on-site consultation and in-depth technical evaluations, ensuring that all research and development in engineering activities were fully documented and aligned with HMRC requirements.

Qualifying R&D activities

As an engineering firm, the business undertakes a range of qualifying activities as part of its research and development engineering work. This includes iterative design, testing, and development processes aimed at improving aerospace technologies.

These activities involve overcoming technical uncertainties that could not be easily resolved by a competent professional, in line with HMRC’s criteria for R&D Tax Credit eligibility.

Outcome of the claim

Thanks to randd’s guidance, the engineering firm was able to successfully identify and claim for previously unrecognised R&D activities. This resulted in additional funding that supported ongoing engineering research and development, enabling further innovation and growth within the aerospace sector.

Businesses operating in similar industries may also find our aviation and marine sector guidance useful when assessing R&D Tax Credit eligibility.

Could your work qualify?

If your business is undertaking research and development projects, you could be eligible for R&D Tax Relief.

Our R&D tax specialists understand the complexities this work entails and can help identify qualifying activities that may have been missed.

Use our R&D Tax Credit calculator to estimate how much your claim could be worth, or speak to our team to explore your eligibility.