The manufacturing sector makes up a large part of all R&D Tax Credits claims. With this being such a wide reaching industry, many will face the majority of their technological uncertainties during the design phase.
Producing new or improved products.
Design and development of a product involving some degree of uncertainty for which the answers were not obvious.
Manufacturing comes in many shapes and sizes, however, often uses standard methods found within the industry. However, in some cases, there will be a need for developing new materials or techniques. It’s these activities that can potentially become claimable elements for R&D tax credit.
Before manufacturing a new product, it’s essential for to select to right material. This is because it affects the structure and functionality of the finished piece. Materials need to be relevant to the brief, for example, they might need to be fire retardant, waterproof, or non-conductive. This in turn can cause many uncertainties and as a result, the choice of materials may need to be reconsidered.
We’ve all been there, at the start, a project may seem very simple and straightforward. However, we then discover that a substantial amount of work is needed. Even when customising “off the shelf” or existing components, a great deal of uncertainty can arise. This is because there can be uncertainty on how these various components will react together.
All materials used will have different properties, with fatigue often only presenting itself under certain conditions or usage. Therefore, it’s essential to conduct thorough testing to ensure that the material is suitable. If a manufacturer is required to rethink this choice, or provide additional structural support, this could be qualifying R&D.
When creating a new product, prototypes are often needed. This is because it’s only once one has been developed, that functionality can be ensured. At this point manufacturers may see that the product has a fault and will need further design.
Fiscale offer good professional service for R&D tax claimsHaydn Kerby, Director, CAD+ Ltd.
Clear concise and well actioned with regards to all work carried out for us.Paul Best, Director, Off The Wall Coverings
Fiscale helped us reclaim R&D Tax Credits. We were guided through the process in a professional, friendly manner and I would recommend all business owners to explore the R&D Tax Credit possibilities with Fiscale.Chris Edney, Readability Ltd
Go for it! This is the only grant I’ve succeeded in getting in 40 years trading.Paul Elkin, Managing Director, Excel Stairs Ltd.
A professional and thorough service.Stuart Haycock, Icarus Training
Why not contact us today to discuss your business’ R&D tax relief? It only takes our team around 20 minutes to determine if you are eligible or not.