R&D TAX CREDIT EXPERIENCE – MANUFACTURING

Take a look at a case study from one of our manufacturing based clients’ experience of R&D Tax Claims.

R&D Tax Credits in Manufacturing

Project

The project objective was to manufacture highly advanced conveying systems for subterranean transport of material swarf from several high speed machining operations to a single destination.

R&D Details

The company developed advanced electro-mechanical devices that reduced swarf losses whilst maintaining conveyor throughput. This was further integrated into the existing control schemes for the high speed machining systems that automated swarf disposal into the waste management system.

Eligible expenditure identified

£682,734

Tax relief generated

£168,635