Health & Pharmaceuticals: Claim back costs on your innovative projects

Are you maximising your potential tax credits?

Is your business missing out on valuable R&D Tax Credits?

From the latest drugs and wellness products, through to cutting edge medical equipment and treatments delivered in hospitals, the Health and Pharmaceutical Sector is rife with innovation.However, despite the considerable costs involved with developing new medical equipment and products, many businesses involved in the supply and development chain of medical and pharmaceutical production are not taking advantage of the full tax relief that the government has made available to them.

Leyton In The News

Leyton has recently been featured in a variety of news outlets and publications in the Pharmaceutical sector.

Qualifying R&D activity:

R&D within this industry can be broadly identified as solutions or supporting activity to resolve a biological unknown or uncertainty. It can be virtually limitless, however some of the key areas we have identified as prime for R&D Tax Credits are: the development of software, new product testing and development (including the development of manufacturing processes and methodologies), challenging technical work, product modification and cost optimisation.

Capital allowances A better way to obtain valuable savings on capital spend.

Our Expertise

Client benefit millions (£)

30

Health & Pharmaceutical clients

38

Average benefit per client (£)

313 000