R&D Tax Credits within Manufacturing
Sector Overview – Manufacturing

The latest statistics on R&D tax credit published by HMRC in October 2019, show that 23.6% of all claims made under the SME scheme were for companies operating in the Manufacturing sector, accounting for 20.7% of the total value of claims. The average claim value was £46,970.

Research and Development Tax Credits within the Manufacturing industry

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.

Eligibility for R&D tax credits centres around the two key areas of either:

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.

Examples of technological uncertainty in the manufacturing sector

Testimonials from our Manufacturing clients

  • Fiscale offer good professional service for R&D tax claims

    Haydn 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

Sound like familiar challenges? Call Fiscale Today!

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.