London-based digital design agency makes just under £10k in tax saving

A small London-based digital design agency was introduced to us by their Accountant who asked us to assess their eligibility to claim R&D Tax Credits. As a new start-up they were concerned they may not be eligible to claim, even though they were at the forefront of cutting-edge innovation in their sector. Luvo met with the two directors of the business, who were surprised and very pleased when we confirmed eligibility. We were able to assist them in preparing and submitting a claim.

If you need advice on claiming R&D tax credits, please get in touch with the expert team here at Luvo and we’ll be happy to help.

Their tax saving for the first two years was just under £10k, which while small, is a great benefit to a fairly new business, enabling them to continue to invest in new technologies and ideas for the sector within which they operate.