Professional Services
Pharmaceutical companies are constantly investing heavily in research and development to develop new drugs and treatments that can improve the health and well-being of people around the world.
Goldhill Consulting is an industry expert in helping companies within the pharmaceutical industry. In 2022 we were approached to help our client prepare and submit their R&D tax relief claim. The company’s R&D team had been working on the development of a new drug for the treatment of a rare disease, which required extensive research and testing.
How We Helped
Goldhill Consulting is an industry expert in helping companies within the pharmaceutical industry. In 2022 we were approached to help our client prepare and submit their R&D tax relief claim. The company’s R&D team had been working on the development of a new drug for the treatment of a rare disease, which required extensive research and testing.
- The development of new chemical compounds.
- The testing and analysis of the compounds.
- The clinical trials of the drug on humans.
Client Satisfaction
Our report demonstrated how the company’s R&D activities met the criteria for R&D tax relief and provided evidence to support the qualifying R&D expenditure claimed, including salaries and wages of R&D staff and clinical trial costs.
The successful R&D tax credit claim provided ABC Pharmaceuticals with a significant cash injection, enabling them to continue to invest in their R&D activities and accelerate the development of their new drug.
