Case Studies from Clients
IT Consultancy
Aggregated Turnover: 350k
Financial Position: Profit
Net R&D Benefit: 58k
Qualifying Activities Design and development of new software architecture and algorithms to create an iPaaS automation solution.
Qualifying Costs: Employee costs, office rent, computer hardware costs, utilities costs, repairs & maintenance costs.
Pharmaceutical / BioTech Company
Aggregated Turnover: 4.4 M
Financial Position: Loss
Net R&D Benefit: 156k
Qualifying Activities Research and development activities to innovate the process of product development, including the enhancement of biological and physiochemical properties, improving the processes and analytical methods, prototyping.
Qualifying Costs: Employee costs, R&D contractor payments, cleaning costs, computer expenses and equipment rental costs, freight and courier costs, repairs and maintenance, cost of materials and consumables.
A Data Analysis Company
Aggregated Turnover: 550k
Financial Position: Loss
Net R&D Benefit: 130k
Qualifying Activities Data analysis and experimentation, database engineering, improving the data analytics and data storage systems, development of new software database products.
Qualifying Costs: Staff salaries (including superannuation costs), contracted expenditure, electricity bills, insurance costs, motor vehicle expenses, office supplies costs, office rent costs, software and web domain hosting costs.
Media and Telecommunications Company
Aggregated Turnover: 7 M
Financial Position: Profit
Net R&D Benefit: 1.1 M
Qualifying Activities Development of a new technology solution to integrate third-party data; development of a new process to automate the prioritisation and grouping of the data.
Qualifying Costs: Employee wages, contracted costs, internet expenses, insurance costs, computer software costs and subscription.
Electrical Engineering and Technology Company
Aggregated Turnover: 576k
Financial Position: Loss
Net R&D Benefit: 48k
Qualifying Activities Experimentation, development and testing of new electrical technologies and software for remote control systems.
Qualifying Costs: Employee salaries, consumables costs, computer expenses, insurance costs, general expense.
Cloud and Mobile Solutions Company
Aggregated Turnover: 3.1 M
Financial Position: Loss
Net R&D Benefit: 49k
Qualifying Activities Development of new features and functionality for a mobile application catering to subcontractors in the construction sector; design of new and bespoke SaaS modules to improve data integration, measurement of new data, file conversion, job tracking functionality.
Qualifying Costs: Employee salaries, Directors’ fees, communication expenses, insurance cost, office expenses, repair & maintenance costs, vehicle expenses.
Hemp Farming Company
Aggregated Turnover: 15 M
Financial Position: Profit
Net R&D Benefit: 183k
Qualifying Activities Development and processing of new cannabis strains, improving the growing conditions (environmental and climatic), design and development of a range of high yield and resilient industrial hemp cultivars.
Qualifying Costs: Employee and contractor costs, farm lease costs, cleaning costs, freight & courier expenses, utilities costs, vehicle expenses, equipment hire, purchase of cultivation perishables, potting mixes, and seeds.
AI And Analytics Company
Aggregated Turnover: 2.3M
Financial Position: Loss
Net R&D Benefit: 200k
Qualifying Activities Design and development of new features and functionality for an AI-powered spend analytics platform, creating innovative tools to recognise the nature of documents and extracting metadata information required to configure a platform.
Qualifying Costs: Employee costs (Directors, CFO, CPO, Chairman), computer IT costs, internet and hosting expenses, memberships & subscriptions costs.
Sports Fan Experience Package Company
Aggregated Turnover: 200k
Financial Position: Loss
Net R&D Benefit: 75k
Qualifying Activities Development of an online marketplace platform that connects end users with sporting clubs, athletes and personalities via live experiences.
Qualifying Costs: Salaries costs, general expenses, insurance costs, telephone & internet bills, travel and accommodation costs.
Blockchain and Augmented Reality Company
Aggregated Turnover: 278k
Financial Position: Loss
Net R&D Benefit: 106k
Qualifying Activities Development of a bespoke decentralised ecosystem to facilitate crypto transactions, creating processes for collection & management of customer data with increased security, processing speed, and traceability.
Qualifying Costs: Employee costs (Operations, UX Design, Strategy & Vision), contractor costs (consulting, freelance developers), insurance costs, utilities, office expenses, rent expense.
Software Technology Development Company
Aggregated Turnover: 2.6 M
Financial Position: Loss
Net R&D Benefit: 150k
Qualifying Activities Design of new software architecture and development of a custom-built code, creation of a bespoke integration and validation workflow for data coming from multiple sources.
Qualifying Costs: Salaries and subcontractors, computer & software costs, depreciation cost, insurance costs, rent, website expenses.
AgriTech Platform
Aggregated Turnover: 6 M
Financial Position: Profit
Net R&D Benefit: 91k
Qualifying Activities Designing new ways and processes for electronic facilitation of trade of agricultural goods, experimental development and testing of new software technologies for the agricultural products.
Qualifying Costs: Salaries & contractors costs, general expenses and insurance costs, motor vehicle expenses (fuel and other expenses), rent, repairs & maintenance costs, travel & accommodation costs, telephone & internet bills.
Data Security & Analytics Company
Aggregated Turnover: 12 M
Financial Position: Loss
Net R&D Benefit: 56k
Qualifying Activities Development of new technology for profiling users based on their instant messaging history whilst guaranteeing their privacy, developing the infrastructure and processes to allow for third parties to leverage user profiles for providing services back to the user.
Qualifying Costs: Direct salaries, advisory fees, computer expenses, parking costs, printing & stationery, travel, accommodation & conference costs.
A Manufacturing Company
Aggregated Turnover: 3.3 M
Financial Position: Profit
Net R&D Benefit: 380k
Qualifying Activities Prototyping and CAD modelling and development of custom-made moulds to develop a constructing project, in line with quality standards and Health & Safety specifications.
Qualifying Costs: Employee costs (project managers, construction engineers, architects), depreciation costs, rent expenses, travel expenses.
EdTech Company
Aggregated Turnover: 300k
Financial Position: Profit
Net R&D Benefit: 400k
Qualifying Activities Design and development of learning simulation pods; creation of a miniaturised controlled and interactive environment with a combination of equipment, software, and tools.
Qualifying Costs: Staff salaries, utilities and bills, staff amenities, rent, cost of goods purchased, insurance, international travel.