We acted as advisers for a manufacturing company who specialise in supplying accurately cut panels, worktops and components to companies across the UK.
In developing their cutting equipment to develop seamless edging, the manufacturing company had made changes to their processes that were eligible for an R&D tax credit claim. Many think that products are at the core of a new R&D claim, but new equipment can be part of a valid claim.
The directors of the company were not immediately aware that the changes to their process were a qualifying claim. We looked at the challenges faced integrating the new equipment and saw the potential for a claim.