R&D In Manufacturing

There is no doubt that Manufacturing is one of the single largest contributors toward the UK’s gross domestic product.

It is no wonder that this sector was the largest claimant of R&D Tax Credits with an estimated value of over £1.2bn which was approximately 24% of the R&D Tax Relief scheme.

As the landscape for manufacturing continues to evolve, the UK government recognises the importance of this industry and its continued progression in innovation and growth.

Having to spend significant amounts on research and development is encouraged and hence why the R&D Tax credit scheme exists to help businesses like yours benefit from either a reduced corporation tax bill or a credit.

Instead of guessing if your business is eligible, rather let Available Grants work with you to find out if there’s a potential claim. We work on a No-Win No-Fee basis, so let’s arrange an eligibility call with one of our R&D Tax specialists now.

What is claimable in manufacturing?

Provided the projects undertaken are aligned toward the activity of overcoming uncertainty and are making an advancement within the field of science and technology but in the context of your manufacturing sector, you may be eligible.

We have seen a wide variety of manufacturing firms benefit from the R&D Tax relief where costs associated but not necessarily limited to:

Staff | Subcontractors | Consumables | Software Used | Prototyping

Instead of guessing if your business is eligible, rather let Available Grants work with you to find out if there’s a potential claim.

We work on a No-Win No-Fee basis, so let’s arrange an eligibility call with one of our R&D Tax specialists now.