R&D Tax For Life Sciences Industry

Life science is an area that has seen a huge amount of investment over the last few years and that doesn’t show any sign of slowing down. Improvements to healthcare have come on leaps and bounds with the advent of new technology. But all of this investment needs cash behind it to support the future. The government has identified this as one of the key areas the UK leads the world and this is why it is supported with R&D tax credits.

“Big thanks to the Lumo team for the excellent work on our R&D tax claim. You make the process really easy and getting 3x the money we expected from HMRC is an awesome feeling.

Huw Evans - MD & Technical Engineer

Arnia

R&D Tax For Food & Drink Industries

For far too long, there has been a perception that you have to be working in a lab, or building a new internet to be able to claim R&D Tax Credits. And that's simply not the case at all. As highlighted by the tiny percentage of eligible food and drink businesses claiming mentioned above, this is a sector that is missing out in a big, big way.

“As a scaling business, the R&D claims has been an important part as a valuable cash injection to help us to keep improving the business in various ways

Stu Mcdonald

Manilife

R&D Tax For Science & Technology Industries

Science and tech are a constantly changing environment. Coming up with new ideas and solutions for your clients is part and parcel of the everyday business. You have probably heard about R&D tax credits. To some, it seems nigh on impossible to get but the truth is that there are many different areas of these industries that are eligible for R&D tax credits. All you need to know is what is part of a valid claim.

“The process was very straightforward with no disruption to our business, The simplicity of making a claim through Lumo has given us the confidence to invest more heavily in innovative projects.

Paul Lofthouse - Business Development Director

Waymark IT

R&D Tax For Manufacturing Industry

R&D is something that many manufacturing or engineering companies carry out on a regular basis. Making new products, developing existing ones or changing processes keeps companies in these industries up with the competition. Research and development is the way that helps to fund the future investments.

“Stephen was extremely helpful. He led us through the R&D process and was extremely honest, nothing was hidden i.e. costs etc A very professional job well done. A very delighted customer

T Stoker

Siloteq Limited