Manufacturing
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R&D in Manufacturing
Are you one of the many manufacturing businesses eligible for R&D Tax Credit ?
The manufacturing sector is constantly working to increase efficiency, improve functionality and solve production problems. Investing in R&D is at the heart of many businesses in this sector and more than a quarter of the R&D Tax relief claims from 2017/18 came from the manufacturing industry. However, there are still thousands of businesses that miss out on this financial support because are unaware that they are eligible. The UK manufacturing industry makes a significant contribution to the UK’s technological growth and R&D tax relief is a key method for manufacturing businesses to receive a financial benefit which can be reinvested into further innovation.
Examples of qualifying activity include
- Design and development or new machine prototypes with new functionality
- Waste reduction through machinery or process innovation
- Integrating technically complex manufacturing processes
- Design or manufacturing of novel or bespoke tools for product manufacturing
- Development of machinery or forming processes with greater precision or using new materials
- Methods to reduce environmental impact through the use of alternative processes or materials
- Scaling up or increasing the precision of processes with new materials or machinery
About Leyton
At Leyton we use our innovation funding expertise to deliver tax relief claims as an end-to-end service. We provide full project management from initial engagement through to benefit. Our tax experts have a wealth of experience working with businesses to help them claim through the R&D tax credit scheme and will put together the technical report enabling you to submit your claim. Leyton worked with more than 20,000 clients last year. These companies received an average of 90,000€ in R&D tax credits.
About Leyton
At Leyton we use our innovation funding expertise to deliver tax relief claims as an end-to-end service. We provide full project management from initial engagement through to benefit. Our tax experts have a wealth of experience working with businesses to help them claim through the R&D tax credit scheme and will put together the technical report enabling you to submit your claim. Leyton worked with more than 20,000 clients last year. These companies received an average of 90,000€ in R&D tax credits.
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Leyton in figures
+ 12
Countries
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Years of experience
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Clients
Leyton in figures
+ 12
Countries
+ 20 +
Years of experience
+ 24000 +
Clients