Check out our short car restoration R&D Tax Credit case study, perhaps not the most obvious of sectors for an R&D claim but an interesting example from a company in the Automotive Sector. They get involved in developing new components and improving on the original performance of classic cars. Over the three years shown the company was able to reduce their corporation tax bill by just above £78,000. We have been advising on their R&D claims for the past five years and continuing.
