Engineering, by definition, involves research into the knowledge of pure science in order to develop practical applications. Whilst a significant number of engineering companies undertake projects that are eligible for research and development tax relief, claiming companies tend to focus on new product innovation and often fail to claim for innovation that relates to the improvement of existing products and/or processes.
The in-house experts of Minerva Innovation Group Ltd have worked with a large number of engineers including mechanical engineers and manufacturing engineers. Due to our strong academic background and past experiences within the industry, we are able to understand your technical activities on a detailed level which allows us to maximise your financial benefit. We offer a quick turnaround, allowing you to continue focusing on your day-to-day business duties.
Examples of technical activities which have previously qualified for R&D tax relief include:
- Improvements to pipeline inspection gauge configurations to adhere to increasingly complex industry requirements
Improvements to coiled high-density polyethylene twin wall ducting using recycled materials