A Test and Calibration Company
A Test and Calibration Company – An innovative small company made a significant investment in developing two new services.
One project involved the creation of a new process to deep clean heat exchangers in sterile conditions.
The second project involved the development on a new process of calibrating air flow measurement devices using laser technology to measure the air volume flow.
Both cases involved advancing the capability of science and technology in those areas and presented numerous uncertainties which had to be resolved or partially resolved through research and development and related prototyping and testing.
We were asked by the company’s accountants to help the client scope the R&D and produce the required Justification document to support the HMRC claim.
The company was able to recover around 20% of their R&D investment through the R&D Tax credit scheme.