Manufacturing projects that may qualify for R&D tax relief include:
  • tooling and equipment fixture design and development;
  • designing innovative manufacturing equipment;
  • integrating new materials to improve manufacturing processes;
  • evaluating and determining the most efficient flow of material;
  • increasing ease of operation or suitability of manufactured products;
  • developing processes that would meet increasing regulatory requirements; or,
  • Modifying existing processes or systems to improve capacity and performance.
What projects can be included in an R&D Tax Credit claim for manufacturing projects?
  • defining technical objectives;
  • identifying uncertainties;
  • feasibility studies;
  • reviewing new and competing technologies;
  • analysing, designing and developing the technology;
  • producing technical specification or other documents to explain and support the R&D project and advancement;
  • testing the product, process or software;
  • planning and managing projects
  • administration, finance, and personnel services specifically required to support R&D activities;
  • training to support R&D.

What R&D expenditure can be claimed for manufacturing projects?

  • Staff Costs – Employee costs (salary, national insurance and employer pension) are apportioned for their time spent on the R&D project plus any reimbursed associated business expenses.
  • Software – Purchased for R&D purposes and costs apportioned for any subsequent use.
  • Subcontracted R&D – You can claim 65% of what you paid your R&D subcontractor.
  • Utilities & Consumables – Water, fuel, power and material used in the project.
  • Prototypes – Produced for R&D purposes
 

Call us - 5 Easy Steps to claim R&D tax credits - 0800 195 7516