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

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