R&D in Storage
R&D efforts can focus on enhancing security measures within storage facilities. This may involve the development of state-of-the-art surveillance systems, access control technologies, biometric authentication and advanced tracking systems to ensure the safety and protection of stored goods.
R&D can help storage companies automate their operations and streamline processes.
This may involve the development of smart storage systems, robotics, and automated retrieval mechanisms, leading to increased efficiency, faster handling of goods and reduced labour costs.
R&D allows storage companies to tailor their services to specific customer needs. By investing in research and development, companies can develop specialised storage solutions for various industries, such as temperature-controlled storage for perishable goods or specialised storage for sensitive equipment or documents.
Data Management and Analytics: R&D can help storage companies leverage data management and analytics to optimise their operations.
By developing advanced tracking systems, inventory management software, and data analysis tools, companies can gain valuable insights into storage patterns, customer preferences, and demand forecasting, enabling them to make data-driven decisions.
R&D allows storage companies to develop innovative and advanced storage solutions.
This may include the development of new storage technologies, materials, and designs that maximize space utilisation, enhance security measures, improve accessibility, and optimise storage processes.
R&D efforts can help storage companies stay compliant with industry regulations and standards.
By investing in research and development, companies can develop storage systems and practices that meet safety, health, and quality requirements, ensuring they operate within legal frameworks and maintain industry certifications.
R&D enables storage companies to explore sustainable storage practices and eco-friendly solutions.
This may include the development of energy-efficient facilities, utilisation of renewable energy sources, implementation of recycling programs and adoption of sustainable packaging materials, helping to minimise environmental impact.
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Has your company engaged in this type of activity in the past?
If you believe your storage company could benefit from R&D tax relief, please do not hesitate to contact us today.
Our team of experts is here to help you navigate the complexities of research and development tax relief and ensure that you receive the maximum benefit for your innovative work.
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R&D Tax Relief
From initial discovery call and information gathering through to claim preparation, supporting documentation and submission. We're your expert partner in R&D tax relief submissions.
For larger companies we can support claim preparations under the RDEC (Research & Development Expenditure Credit) scheme, ensuring robust, defensible and maximised claims .
HMRC Enquiry Support
We'll liaise with HMRC on your behalf, ensuring no unnecessary delays on receiving your claim and no unfair reductions. This service is provided as standard for our clients.
R&D Claim Review
If you're making an R&D tax relief claim, our team can help ensure you're compliant with the latest legislation and identify any potential claim uplift. Speak to our team for more information.
If you work with innovative businesses and you're interested in partnering with us to ensure your clients are maximising their R&D tax relief, speak to our partner program lead.