Tax relief company, R&D Tax Claims Limited has selected Warrington as its new regional hub serving businesses across the North West.(from front to back) Mark Evans, Pamela Cunliffe and from Mini Gears, Keith Martin and Paul Darwent.
Managing director, Mark Evans has expanded the business, selecting Pamela Cunliffe to head up the northern operation. SMEs right up to Scotland will now benefit from a new, proactive approach to getting often unexpected tax refunds from HMRC.
Originally operating in the Midlands, R&D Tax Claims launched to assist UK based SMEs in claiming back every pound spent on research and development projects. This government backed scheme was designed to provide companies with the opportunity to further develop their products and processes, typically for manufacturing companies, as well as businesses exploring new products and niche markets.
R&D Tax Claims has secured tax savings of £374,384 for Mini Gears (Stockport) Limited over the last 5 financial years. A portion of this reclaim has been dedicated to the purchase of a Leadwell LTC35C Turning Centre machine which has allowed Mini Gears to manufacture larger car parts (despite what the company name suggests), as well as for niche classic cars.
Keith Martin, joint managing director of Mini Gears, said: “R&D Tax Claims helped us to take our company forward. Don’t assume that what you do won’t qualify as R&D. There is nothing to lose from an hours meeting, only the opportunity to get something back.” www.rdtaxclaims.co.uk.