Client: Swinton Electro Plating
Geographic location: Swinton, Manchester
Qualifying R&D expenditure identified: £124,195
This included costs for:
Tax benefit claimed: £35,933
Swinton Electro Plating have over 50 years’ experience in hard chrome, electroless nickel plating and refurbishing services, provided globally from its premises in Swinton, Manchester.
The company’s surface engineering plant has an 8500mm deep hard chrome plating facility, one of the deepest in Europe, which allows it to take on almost any job. To remain ahead of competition and meet changing client needs, Swinton Electro Plating continues to develop and adapt its methods and techniques to create solutions that meet the changing landscape.
Swinton Electro Plating has developed processes, systems and controls for the plating of large and unusually shaped objects, to overcome the challenges associated with plating consistency when involving mixed materials or difficult to handle sizes.
The team had previously looked into R&D relief but chose not to pursue further after a specialist adviser from the Manufacturing Advisory Service explained that they didn’t have anything unique enough to claim for.
Our advisors first visited the team late in 2014 and suggested that they progress with R&D again. We were able to identify qualifying R&D activities in the company’s last tax year alone of £124,195 and claimed back £35,933 in tax credits.
“After being told we didn’t have anything to claim for, we gave up and didn’t really think about R&D again until Champion spoke to us about it.
“At first I was very sceptical and worried about the amount of work that may have needed to be done by my team. From start to finish Champion made the entire process simple and have made us more aware of what we do on a day-to-day basis that can be used for future R&D claims.’’
Godfrey Evans, managing director at Swinton Electro Plating
Champion Accountants has so far helped SMEs across the North West claim more than £18m 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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