R&D Tax Credits for Engineering and Manufacturing
Gain financial advantage to invest in technology and innovation
Embracing new technologies are essential for you to ensure continued increases in efficiency and productivity. With manufacturing and engineering accounting for 70% of business R&D in the UK, Quantum R&D Tax are the experts to help you gain financial advantage.
Adopting and designing new technologies and processes to improving automation, boost productivity, enhance quality, streamline production and increase creativity all comes at a cost, but cost which most likely entitles you to an R&D tax rebate. We will give you the very best chance to claim the tax R&D credits your business is entitled to.
Recent claims in the Engineering & Manufacturing sector
Medical Devices
Medical Devices
Automotive
Automotive
Development Engineer
Development Engineer
Cabinet Maker
Cabinet Maker
Examples of Qualifying R&D Activities for Engineering & Manufacturing:
- Designing, developing, and testing prototypes
- Developing new welding processes
- Developing new processes to meet extraordinary specifications (surface finish, tolerances, new materials, etc).
- Developing operational efficiencies
- Automating operations, and developing robotics
- Developing processes for new materials.
- Improving machining processes
- Researching and testing alternative materials.
- Developing casting processes
- Determining tooling requirements and optimal placement of equipment
- Developing processes to meet changes in regulatory requirements
- Experimenting with new or improved filling and packaging techniques
- Improving strength, durability, and service life
- Maximising machining feeds/speeds while ensuring quality and integrity of the part
- Improving processes including filling and sealing of products, packaging, die design/techniques, minimising environmental impact (waste control and recycling), and flexibility and agility due to increased product volume and diversity
SMEs are missing out on £thousands in R&D tax credit relief.
Don’t assume your business is not eligible. Quantum R&D Tax have helped many manufacturing and engineering businesses to receive every penny they are entitled to.
R&D tax credits are available to every UK limited company that is subject to corporation tax, so if you’ve, spent money on improving or developing new products, services or processes, and you did this in the last two or three years, then you’re very likely to be eligible for R&D Tax Credits.
Contact us for your FREE discovery call on 01905 317018 or email us at hello@quantumtax.co.uk
