R&D tax credits in the manufacturing industry
Manufacturing is one of the most capital and R&D-intensive industries in the UK, constituting over 60% of claims submitted to the R&D tax relief scheme. The Government-funded scheme encourages innovation within the manufacturing sector by offering rebates or tax relief of up to 33% of qualifying expenditures.
Crucially, your project does not need to have been commercially successful to be eligible to claim against.
Not all manufacturing activities are reclaimable under the R&D tax credit scheme, so it is critical to know the eligible expenditure. This is where our specialist consultants come in. We'll do the legwork and uncover every penny of eligible expenditure across your business, including employee costs, sub-contractors, development and testing, consumables and utilities, software costs and more.
By using Yuzu Group as your R&D tax credit claim specialists, you will achieve maximum benefit from the scheme and reward your risk and innovation.
