As a medium-sized business finding income for your R&D is essential.
Our client is a medium-sized food company that specialises in producing healthy snacks made from locally sourced, sustainable ingredients. With over ten years of experience, they have a reputation for innovation and quality in their product range.
The company had invested heavily in developing new products and improving its existing ones to meet the growing demand for healthy, sustainable snack options. Once they approached Goldhill Consulting, we were enthused to help out, so we started by conducting a detailed review of the company’s R&D activities to determine their eligibility for R&D tax relief. We identified several projects that met the qualifying criteria for R&D tax relief, including the development of a new protein bar that uses an innovative, plant-based protein source.
How We Helped
Afterwards, we then worked closely with the company’s management team to gather all the necessary documentation and evidence required to support their R&D tax relief claim. This included detailed project descriptions, technical reports, and financial statements.
With an overwhelmingly positive result, our client was delighted with the outcome and the significant R&D tax credit that would help the business’s cash flow. They were also pleased with the efficient and hassle-free process, which allowed them to focus on running their business while we handled the claim process.