Thinking Sky Blue Limited R&D Tax Credit Success Story

Easy R&D's technical and tax experts worked closely with TSBL's engineering team to review a year of complex development activity, identify where genuine technological uncertainty existed, and build a technical narrative capable of withstanding HMRC scrutiny.

This involved in-depth interviews with TSBL's technical team to ensure the claim accurately reflected the scale and complexity of the work undertaken, while keeping the process as straightforward as possible for TSBL.

The result was a fully compliant R&D tax relief claim, prepared and submitted under HMRC's SME scheme, with TSBL also qualifying for enhanced support as an R&D intensive SME.

The latest claim was prepared and submitted under HMRC's R&D Intensive Support Scheme, allowing TSBL to claim a payable credit of 27p for every £1 spent on qualifying R&D, and ensuring compliance with the current R&D tax relief legislation.

Since 2022, Easy R&D has worked closely with Thinking Sky Blue Limited to make the R&D tax relief process as straightforward as possible. By managing the technical and financial aspects of each claim, we minimise the time and resource required from TSBL's team, allowing their technical and finance teams to focus on delivering projects for their clients while we prepare robust, compliant claims in line with the latest HMRC requirements.

As TSBL continues to undertake qualifying R&D, we review each year's development activities to identify eligible projects and prepare compliant claims, helping ensure the business continues to benefit from the R&D tax relief scheme year after year.

If your business is overcoming technological challenges or developing new products, processes or software, you could be eligible for R&D tax relief. Our specialists will assess your projects, identify qualifying activities and manage the claims process from start to finish, allowing you to stay focused on running your business.