A Plastics Production Company

Full Client Case Study

Mike runs a large plastics manufacturing company in the Midlands. Like many of our clients, he had heard of R&D tax relief but didn’t think it applied to his company. However, after holding discussions with Queen’s Lane Consultants it quickly became apparent that the company was doing a number of things that qualified.

One project that was claimed for involved experimenting with using alternative and less environmentally harmful materials. This was part of the company’s wider attempts to limit its carbon emissions. The work required R&D because it was not known whether using the new materials would work with the existing machinery or processes. Therefore, a period of trialing and experimentation had to be carried out.

Projects like this qualify because they seek an advance in technology (improving a process by making it more environmentally sustainable) and because of the need to resolve technological uncertainty (not knowing whether the work is actually feasible). Since Mike’s first claim, he has continued to invest in innovation and benefit from R&D tax relief. All of this done with the help of Queen’s Lane Consultants.

What is R&D?

Research and Development (R&D) Tax Credits are a government incentive intended to promote R&D in the UK.

A Plastics Production Company

Full Client Case Study

Mike runs a large plastics manufacturing company in the Midlands. Like many of our clients, he had heard of R&D tax relief but didn’t think it applied to his company. However, after holding discussions with Queen’s Lane Consultants it quickly became apparent that the company was doing a number of things that qualified.

One project that was claimed for involved experimenting with using alternative and less environmentally harmful materials. This was part of the company’s wider attempts to limit its carbon emissions. The work required R&D because it was not known whether using the new materials would work with the existing machinery or processes. Therefore, a period of trialing and experimentation had to be carried out.

Projects like this qualify because they seek an advance in technology (improving a process by making it more environmentally sustainable) and because of the need to resolve technological uncertainty (not knowing whether the work is actually feasible). Since Mike’s first claim, he has continued to invest in innovation and benefit from R&D tax relief. All of this done with the help of Queen’s Lane Consultants.

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