New regulation has been introduced, banning specific abrasive and harmful chemicals. As a result, EJ Electronics needed to find an alternative solution to overcome the ban.
Having acquired another Ultrasonic company, they were able to undertake a series of projects to design and manufacture a new suite of regulatory-compliant cleaning solutions.
In our first Discovery meeting, it became apparent that the EJ Electronics leadership were unsure if they would qualify. They were also not confident in the process required to make a successful R&D tax claim and optimise the results.
Our expert R&D Consultant team worked alongside EJ Electronics to explain and assess all the activities which could qualify. Then, by undertaking a forensic investigation of each part of their operations we were able to identify a significant number of R&D Tax Relief qualifying activities. We started the claim process, by capturing all the necessary information on our cloud-based Claim Portal.
Our technical experts wrote all the necessary reports, and we submitted the claim to HMRC, on behalf of EJ Electronics.
EJ Electronics benefited from a two-year carry-back claim. Their successful claim allowed the company to reinvest in existing products and to expand their product range.
The new ultrasonic units and cleaning tank systems have helped EJ Electronics acquire new clients including Specsavers and supplying a machine that was used to clean The FA Cup.
If you’re a small to medium company in the UK, you could also be claiming back up to £33 on every £100 spent on R&D. The work you do that qualifies for the R&D tax credits scheme — often embedded in the day-to-day running of your business — may surprise you.Get in touch
Find out what our clients and partners have to say about the R&D tax relief experience and how we’ve helped them.