R&D case study
Our client, a fast growing biotech company, had no history of making R&D tax claims. We advised them that some of their activities would qualify for the relief. We discussed the claims process and qualifying conditions with both the finance director and CTO, considering the impact of both state aid and non state aid grant funding. We worked with the company to make a historic and current year claim going back two years under both the SME and large company schemes (for subsidised expenditure) which resulted in our client receiving a repayment of £120,000.