How we claimed £18,400 in R&D tax credits for a Stevenage engineering firm
Client R runs an engineering and product-development company in Stevenage's tech sector, set up as a Ltd company, developing specialist components and systems. They'd been carrying out genuine technical development to solve engineering problems but had no idea they could claim R&D tax credits on the work.
We assessed the development against the R&D definition, the company was resolving genuine technical uncertainty in its product engineering, which qualified. We identified the qualifying costs (technical staff salaries, materials consumed in development, software, a proportion of overheads), wrote the technical narrative, and submitted the claim under the merged R&D scheme.