Claim Value: £340,000
"Following their latest claim of £69,000 with help from randd, this printing company has received £340,000 in R&D Tax Credits over 5 years."
Following their latest claim of £69,000 with help from randd, this printing company has received £340,000 in R&D Tax Credits over 5 years. With the aim of rewarding innovation, randd submit claims to HMRC on behalf of UK businesses that are undergoing qualifying research and development activities.
The company designs, develops and manufactures bespoke point-of-sale displays that are created to enable clients to sell more products. Using various manufacturing techniques and materials the company is geared up to be able to fabricate even the most complex requirements in-house.
Rather than rely on subcontractors, the company takes innovative approaches in many diverse and interrelated areas and processes that achieve improved quality, functionality and performance for point of sale displays. These include developing and prototyping, laser cutting, vacuum forming, injection moulding and metalworking.
Research and development is becoming increasingly important in the printing and packaging sectors. As companies need to drive down costs, packaging and printing businesses are constantly striving to create cost efficient products and improve quality.
“The advances in technology and the involvement of sign businesses [are vital] in delivering a constantly expanding range of products and services.” Advised the British Sign & Graphics Association.