£52k tax saving for West Midlands-based IT/ Audio Visual company
We were introduced to a small but highly innovative IT / Audio Visual company, based in the West Midlands, by their Accountant, who believed their client may be eligible to claim R&D Tax Credits. Upon meeting with the MD of the business it was clear that the business was certainly carrying out technically advanced R&D activity, that would indeed make them eligible to claim. The client was delighted when we were able to confirm that the tax saving they would achieve would be £52k, as a reduction in their current year due, and a repayment of tax previously paid.
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.