r&d tax creditsrandduk.com/.../adhesives_chemicals_sealants_paints... · adhesives, sealants,...

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ADHESIVES, SEALANTS, CHEMICALS & PAINTS R&D TAX CREDITS WWW.RANDDUK.COM “e industry: spends £4.4 billion each year on investment in buildings, vehicles and machinery; invests almost £5 billion each year on research and development; and manufactures products and technologies that are delivering a green economy.” - CIA (Chemical Industries Association) 01332 477 070 [email protected] randd uk ltd, Judge’s Court, The Old Courthouse, St Peter’s Churchyard, Derby, DE1 1NN Case Study: Surface Coating Manufacturer A leading manufacturer of thermal spraying equipment based in Dudley (West Midlands) have received a total amount of £509K in R&D tax credits with the latest claim of £95,000. As renowned experts in advanced innovative surface coating technology, the company are the only UK developer, manufacturer and worldwide supplier of a full range of metal spraying equipment and consumables. Research and development is needed for developing new products for the industry and creating bespoke solutions for individual customers. Recognised as an award-winning company and partners of a trusted University, the company have progressed with R&D activities which have been further rewarded by randd uk and R&D tax credits. Launched in the year 2000, the R&D Tax Credits scheme is a UK Government initiative with the aim of encouraging innovation. randd uk are R&D tax credits experts, rewarding businesses across Britain for innovation with a 100% success rate of claim since 2008. Our experienced team have specialist knowledge and a strong relationship with HMRC to ensure the maximum amount of claim for clients. At randd uk, we work on a contingency basis so there is absolutely no financial risk because we only charge a percentage of a successful claim. Advancements in technology and research & development have enabled adhesive, sealants, chemicals and paints industries to progress. New materials and legislative requirements have forced companies in this field to expand their R&D activities. Examples of eligible activities: ο Developing or creating new products or processes ο Improving the quality of a product for quicker application, reducing labouring time ο Meeting new legislative requirements ο Developing products that are cost effective and meet customer demands ο Responding to market demands such as removing / reducing toxic chemicals ο Reducing carbon footprint and developing processes and products to become more energy efficient and reduce wastage

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Page 1: R&D TAX CREDITSrandduk.com/.../Adhesives_Chemicals_Sealants_Paints... · ADHESIVES, SEALANTS, CHEMICALS & PAINTS OTHER INDUSTRY SECTORS WE HAVE WORKED WITH INCLUDE Food & Drink ο

ADHESIVES, SEALANTS, CHEMICALS & PAINTS

R&D TAX CREDITS

WWW.RANDDUK.COM

“The industry: spends £4.4 billion each year on investment in buildings, vehicles and machinery; invests almost £5 billion each year on research and development; and manufactures products and technologies that are delivering a green economy.”

- CIA (Chemical Industries Association)

01332 477 [email protected]

randd uk ltd, Judge’s Court, The Old Courthouse,St Peter’s Churchyard, Derby, DE1 1NN

Case Study: Surface Coating ManufacturerA leading manufacturer of thermal spraying equipment based in Dudley (West Midlands) have received a total amount of £509K in R&D tax credits with the latest claim of £95,000.

As renowned experts in advanced innovative surface coating technology, the company are the only UK developer, manufacturer and worldwide supplier of a full range of metal spraying equipment and consumables.

Research and development is needed for developing new products for the industry and creating bespoke solutions for individual customers. Recognised as an award-winning company and partners of a trusted University, the company have progressed with R&D activities which have been further rewarded by randd uk and R&D tax credits.

Launched in the year 2000, the R&D Tax Credits scheme is a UK Government initiative with the aim of encouraging innovation.randd uk are R&D tax credits experts, rewarding businesses across Britain for innovation with a 100% success rate of claim since 2008. Our experienced team have specialist knowledge and a strong relationship with HMRC to ensure the maximum amount of claim for clients.

At randd uk, we work on a contingency basis so there is absolutely no financial risk because we only charge a percentage of a successful claim.

Advancements in technology and research & development have enabled adhesive, sealants, chemicals and paints industries to progress. New materials and legislative requirements have forced companies in this field to expand their R&D activities.

Examples of eligible activities:

ο Developing or creating new products or processes

ο Improving the quality of a product for quicker application, reducing labouring time

ο Meeting new legislative requirements

ο Developing products that are cost effective and meet customer demands

ο Responding to market demands such as removing / reducing toxic chemicals

ο Reducing carbon footprint and developing processes and products to become more energy efficient and reduce wastage

Page 2: R&D TAX CREDITSrandduk.com/.../Adhesives_Chemicals_Sealants_Paints... · ADHESIVES, SEALANTS, CHEMICALS & PAINTS OTHER INDUSTRY SECTORS WE HAVE WORKED WITH INCLUDE Food & Drink ο

AS LIKELY AS PAINTING A CANVAS UNDERWATER.

A SURFACE COATING MANUFACTURER AWARDED £95,000 BY HMRC?

For many individuals, thinking about tax is like watching paint dry. But you’ll be interested to know that R&D Tax Credits are a completely different barrel of fish. You can reclaim money back for research and development work that you’re already doing. Here at randd uk, we’ll paint a picture for HMRC with a technical report and calculated figures

to secure the maximum award that your business deserves. Our client, a coating surface manufacturer secured a £95,000 Reality Cheque. A great return on their R&D investment in innovation. We don’t leave your rewards to chance with over 100% success rate since 2008 and an average first claim of around £55,000.

Think it’s not for you? randd uk specialise in R&D Tax Credit claims and find it takes a straightforward chat of about an hour over a coffee to dispel that common misconception and identify the significant financial benefits for yourself.

For your Reality Cheque, contact us today. 01332 477 070 [email protected] www.randduk.com

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aterproof adhesive coating before they dive underwater.

randd uk ltdJudge’s Court, The Old Courthouse, St Peter’s Churchyard, Derby, DE1 1NN

ADHESIVES, SEALANTS, CHEMICALS & PAINTS

OTHER INDUSTRY SECTORS WE HAVE WORKED WITH INCLUDEFood & Drink ο Clothing, Textiles & Fabrics ο Energy Harnessing ο Security, Lighting & Electrical Pharmaceutical & Medical ο Cosmetics & Personal Care ο Animation, Games & Apps Manufacturing, Engineering & Foundries ο Aviation & Marine ο Packaging & Printing & MORE!

“Another successful year using randd uk ltd, highly recommended!”