R&D Tax Credits are a very niche part of the UK tax code that could
bring your company thousands of pounds in tax relief.
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.
Eligible R&D activities include:
POS Display Providers
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.
CCM
“We are very pleased with the efficient service provided by randd for our recent R&D claim. Their information gathering matrix was useful and enabled our claim to be processed with minimum delay. This was the sixth year that we have used randd and we would highly recommend their services.”
Steve Peek | Managing Director, CCM
