How we claimed £14,800 in R&D and capital allowances for an Antrim aerospace firm
Client R runs an aerospace-engineering and precision-components company in Antrim's manufacturing cluster, set up as a Ltd company, carrying out genuine technical product development as well as investing in CNC machinery. They'd never claimed R&D tax credits and hadn't fully claimed capital allowances on the machinery.
We tackled both. We assessed the development work against the R&D definition — the company was resolving genuine technical uncertainty in its aerospace engineering, which clearly qualified — and identified the qualifying costs. We also reviewed the CNC machinery and precision equipment for capital allowances under the Annual Investment Allowance and full expensing, claiming both reliefs across the open periods.