Manufacturing
The manufacturing industry is the sector that benefits most from the governments R&D tax relief scheme. The innovation and technological advancement required to grow within the industry is directly linked to research and development. The creation of new and improved production methods, and the increase in the efficiency of current systems are both vital to increase a companies capabilities.
Any challenges that face uncertainty could qualify for the governments R&D incentive. The use of smart technology and the automation of many processes are all geared towards increasing productivity and efficiency, and many are eligible for R&D tax relief.
The government's Research and Development incentive allows your business to pursue these advancements in the knowledge that a large percentage of the costs incurred can be returned.
Whether your projects have been successful or not, the benefits apply.
Specific areas of eligibility
The development, testing and trialling of new products and the processes involved in their manufacturing.
The development and use of environmentally friendly materials and packaging, and producing overall "greener" processes.
The use of new and innovative processes in the designing process. Including the use of specialised software and technology.
Modifying existing production processes to comply with ever changing regulations, and to meet the carbon footprint targets.
Developing and using specialised tools and machinery to meet unique and specialised product design.
Making mechanical or digital modifications to the production process to increase its production capabilities.
Our experts will forensically examine your entire company to discover the areas of R&D within it.
We will get a feel for your business as
an entirety and fully understand the complexities of its day to day running as well as the major projects that are on the go.
Their expertise allows them to uncover many qualifying costs that may have been overlooked by accountants.
