Sector: Sevron Ltd
Geographic location: Lancashire
Qualifying R&D expenditure identified: £603,497
This included costs for:
Tax benefit claimed: £99,980
Innovative software developers, Sevron Ltd, help businesses reduce risk in the workplace by creating specialist Health & Safety software systems. With more than 300,000 software users, it supports clients of all sizes and across a range of sectors worldwide.
Sevron’s solutions enable businesses to manage risk and COSHH assessments, manage safety data sheets, and capture, record, and report workplace incidents in real-time.
With a strong and continued focus on the use of Artificial Intelligence (AI), Sevron is in the process of developing further complementary systems to assist with AI data collection.
Sevron was already aware of R&D and had pursued claims in the past, however we found it to have greatly under claimed in prior years, to the extent where much of the qualifying expenditure had not been identified. We completed a thorough investigation of current activities and processes, as well as a review of claims from the previous two years. In total, we identified R&D investment of £603,497, and claimed back £99,980 in tax credits, which will be invested into further exciting research projects.
“In just a few hours Champion had gathered everything they needed to claim. They have also taught me to identify what exactly is R&D claimable, which allows me to better track R&D going forward. They put together a report, which I was astounded by – it’s so well written and was something that I could actually show our customers. From the start, I was 100% confident in Champion’s abilities and they’ve provided a huge boost to our cash flow.”
Dale Allen, founder at Sevron Ltd
Champion Accountants has so far helped SMEs across the North West claim more than £25m in R&D relief – with a 100 per cent success rate.
To see what you could claim, contact David Herd on:
T: 0161 703 2500
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