Real Client Story
How we claimed £15,200 in R&D and capital allowances for a Burnley engineering firm
Client R runs an advanced-manufacturing and engineering company in Burnley's aerospace 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 engineering, which qualified, and identified the qualifying costs. We also reviewed the CNC machinery and equipment for capital allowances under the Annual Investment Allowance and full expensing, claiming both reliefs across the open periods.
Total outcome: £15,200 of combined R&D tax relief and previously-missed capital allowances, substantially reducing the Corporation Tax bill, plus a repeatable process for capturing both reliefs each year going forward.