Our client has developed a revolutionary hi-specification locking system from scratch.
Their product provides a ‘deadlock’ that isolates the lock mechanism if the lock is attacked during an attempted break-in.
Along with this new product, the company has also developed an ‘app’ to assist in the location of keys, and a portal for members of the public to locate recommended Locksmiths for the company’s unique products.
We worked with the company to provide technical and financial reports to justify the R&D element of all three of these projects. This resulted in them receiving a tax refund of over £42k in July 2017.
Are you claiming an accurate amount of R&D tax relief for innovative work you are undertaking?
Contact us today for more information.