UK manufacturers have been asked to step up to the plate and innovate to help with the response to coronavirus – for example by designing and manufacturing new medical equipment such as testing kits, masks, gowns and sanitisers.
As RandDTax we have a diverse range of manufacturing clients that we know are up to the challenge, as they already have a proven track record in innovation.
In this mini case study example we have featured an electronic component designer and manufacturer involved in the development of switches and components that are more advanced in accuracy, robustness and reliability.
A minimum of £45,000 was claimed as R&D tax relief in each of the past three years.
Development of sensors, switches and electrical components for Oil & Gas and Nuclear industries
- Development of switches to operate at extreme temperatures and presssures.
- On-going product development to improve sensing accuracy, increase robustness and reliability.
- Prototyping of small designs to allow wider use in more applications.
- Development of components to operate to ATEX and Nuclear certifications.
This claim was worth at least £45,000 a year. See how much you could claim with our R & D tax credit calculator.