 As a design orientated company you are creative, innovative and no doubt pushing the limits of your market. Pushing those limits will sometimes mean you also reach the boundaries of the materials you are tempting to use or the processes by which your roduct will be produced. All too often this type of development is not included when an organisation considers R&D tax relief and in any cases organisations undertaking such work do not consider they may be eligible. Consequently the significant benefits vailable go unclaimed.
How can we help?
Those that do carry out reviews of activities in these areas for the purposes of assessing a claim for R&D tax relief often find that differentiating the eligible activity from the ineligible routine is extremely difficult without a benchmark, relevant example or previous experience of making claims. The R&D Tax Services team at Deloitte can help you overcome this dilemma by ensuring that all activities that could qualify for the relief are identified, assessed, documented and claimed by using a unique team structure that comprises of:
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design and engineering professionals who don’t just understand about process of product development, they have actually spent an average of 20 years doing it and understand the areas where eligibility occurs, and
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tax professionals with a deep knowledge of the UK R&D tax relief regimes for both large companies and SMEs and who can
therefore recognise the qualifying costs that are associated with eligible activity.
For more information download our brochure on R&D tax relief opportunity on design activities (PDF, 80KB).
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