Case Study – £56K R&D tax reduction secured on behalf of a financial services client
Our expert R&D tax team has secured a client in the financial sector with a £56k R&D tax reduction.
This reduction was secured for work involved the development of new software for the financial markets, to help process payments as well as a separate project which looked at automating the process of converting websites into apps, for use on phones and tablets.
Alexander & Co undertook a thorough review of the project, meetings with key staff members and analysing the relevant processes involved. Following this, our R&D team was able to put forward a successful case to HMRC to claim this substantial tax reduction.
Further information on our R&D tax services can be found here