Manufacturing & Engineering

Research & development is vital in the manufacturing and engineering sector to compete in a challenging market – R&D tax credits can make your investments go further.

Examples of elible R&D activities include:

  • Creating or developing new products or processes
  • Adapting to changes in legislation or industry requirements, including energy efficiency and reducing carbon emissions
  • Developing a new & innovative approach to manufacturing, engineering and foundries systems
  • Bespoke solutions
  • Manufacturing prototypes, pilot runs & testing
  • Developing or creating new composite materials
  • Trialling and developing systems to perhaps improve performance, cost-efficiency or methodology

Case Study

In total, this engineering company from Chesterfield has claimed £427,000 in R&D tax credits, following their latest instalment of £106,000 with the assistance of randd. The company manufacture specialist and unique fabrications for complete turnkey solutions including design, manufacture and commissioning.

Their fully equipped workshop and new manufacturing unit enable the company to carry out research and development to deliver commitments to their clients.

They act as a trusted partner to key customers, the company develop a proactive strategy consisting of technical advice, feasibility studies and support at early stages. This ensures that customer needs are realised in a cost effective, achievable and practical manner.

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Why choose SWIFT Research?

Maximise

Our one and only goal is to get you the maximum benefit you deserve for innovating in the UK. When you meet our specialist, it will feel like you’re talking to a colleague rather than your advisor.

Understand

We don’t start with your balance sheet. We start by walking the floors and understanding the things you do and the things you make.

Specialise

There is no conflict of interest. As this is all we do our advice will never conflict with other tax or audit advice you receive.

Expertise

You are paying for our expertise (not to support a large corporate infrastructure). Experience tells us that when other firms prepare a claim that they leave some of the value off the table. Even the biggest names.

Uplift

On average, we see an uplift of 200% over what companies have claimed themselves or using another adviser.

Innovative

We are not the Big 4, and we are proud of it. We are the challenger and the better pair of hands. Innovation is about pushing the boundaries and embracing uncertainty to gain advancement.

£62,086

SWIFT average customer claim

£552,255

Highest SWIFT claim

£18 million

Total value of SWIFT claims