R&D Case Study – Navigation System
Our client is developing a navigation system for super yachts.
Working within the challenge of restricted space in the bridge of these vessels, they developed a system that supported the management of traditional charts, and also supported the latest navigation technology. With internet access not always available around the world, the system allows both online and offline support.
Their R&D work has seen the company build on their already impressive presence in the market, and they are now the ‘go to’ supplier for super yacht owners.
Working with us to provide technical and financial reports to justify the R&D element of this product development meant that they received a tax refund of over £38k in December 2017.
Are you claiming an accurate amount of R&D tax relief for innovative work you are undertaking?
Contact us today for more information.