As your trusted partner, Lumo is dedicated to simplifying R&D tax relief for the manufacturing sector. At Lumo, we understand the complexities and are here to ensure your business maximises its potential.
The manufacturing sector is known for its innovation, driving advances in technology, processes, and products.
At Lumo, we recognise the pivotal role manufacturing plays in the UK economy, and we’re committed to helping businesses in this sector thrive.
The landscape of manufacturing R&D is complex, covering various activities and innovations. Here’s where R&D tax relief can make a difference:
Product Development: Whether you’re designing cutting-edge machinery or pioneering new materials, or delivering something known in a significantly new way R&D tax relief can support innovation at different stages.
Process Enhancement: Streamlining production processes, improving efficiency, and optimising workflows can be qualifying activities for R&D tax relief. Let us help you identify and capitalise on these opportunities.
Automation and Industry 4.0: The Fourth Industrial Revolution is reshaping manufacturing through automation, robotics, and smart technologies. R&D tax relief may offset some of the costs of implementing these transformative technologies, ensuring your business stays ahead of the curve.
R&D tax credits offer more than just financial incentives; they can be a catalyst for innovation and growth.
Let Lumo help you unlock the full potential of R&D tax relief, propelling your manufacturing business toward a brighter future.
With HMRC’s evolving approach to R&D tax relief, now is the time to ensure your business is capitalising on its full potential.
Lumo stands ready to guide you through these changes, providing expert advice and support every step of the way.
Ready to embark on your manufacturing R&D journey? Contact our expert team at Lumo for personalised advice and support.
Together, we’ll navigate the complexities of R&D tax relief, ensuring your business thrives in the manufacturing industry, making the UK the best place for business.
Are you ready to find out how much you could be due? You've got two options, request a callback and we will be in touch or answer a couple of questions via our eligibility checker
Get In Touch Check Eligibility
