R&D in Tool and Die
R&D facilitates the adoption of advanced machining techniques, such as computer-aided design (CAD) and computer-aided manufacturing (CAM), leading to more precise and efficient tool and die production.
R&D can identify cost-effective manufacturing techniques, materials, and equipment, helping the company reduce production costs without compromising quality.
R&D enables the development of customised tooling solutions tailored to specific customer requirements, allowing the company to meet diverse needs and stay competitive.
R&D enables the company to develop advanced tool designs that improve precision, durability, and functionality, resulting in higher-quality products.
R&D investment fosters long-term business growth by enabling the company to stay at the forefront of technological advancements, expand its product offerings, and enter new market segments.
R&D allows for the exploration and testing of new materials, leading to the development of cutting-edge tools and dies with improved performance and longevity.
R&D efforts can lead to the creation of innovative tool and die designs that offer unique features or solve specific manufacturing challenges, providing a competitive edge in the market.
R&D helps identify and implement process improvements to streamline manufacturing operations, reduce waste and increase overall efficiency.
R&D allows for the implementation of rigorous quality control processes and testing methodologies, ensuring that the tools and dies to meet the highest standards of performance and durability.
Doing anything innovative or industry advancing?
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Has your company engaged in this type of activity in the past?
If you believe your tool and die company could benefit from Research and Development 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.