Fire and Safety
Datafox specialises in claiming R&D Tax Credits for the Fire and Safety industry
Fire and Safety
Datafox specialises in making effective R&D Tax Credit claims for those within the Fire and Safety Industry
Looking for a great funding solution?
The Fire & Safety industry has undergone significant transformation in recent years. It is one of the most volatile industries that face several challenges, many of which need to be resolved by conducting ground-breaking R&D. Whether it is using innovative materials, developing efficient techniques, or solving specific problems on-site, the Fire & Safety industry faces several obstacles that require bespoke solutions. Since this industry is highly regulated, it also faces tough performance and quality standard tests that constantly need to be dealt with. All this complex problem solving and quality testing requires extensive R&D on the part of the company itself or by the sub-contractor who takes on such a project.
Even though R&D is an integral part of this industry, not many businesses are aware of the funding opportunities available to them through the government. One such incentive is the R&D Tax Credit scheme. The complex R&D undertaken by businesses within the Fire & Safety industry often fits the HMRC’s definition of R&D and can be taken advantage of to gain substantial funding for the same. However, most of these businesses are reluctant to spend time or money on making R&D Tax Credit claims fearing rejection due to ineligibility. With the right guidance from an experienced R&D Tax firm, you can find out if your Fire & Safety innovation qualifies under this scheme.
Some of the R&D areas within the Fire & Safety industry that may be eligible for R&D Tax Credit claims include but are not limited to:
- Development of products with controlled water pressure that minimises water wastage
- Development of innovative smoke detector systems that are independent of electricity.
- Improving the efficiency of existing fire extinguishing and fire detection systems.
- Overcoming technical difficulties in the integration of various fire and safety components to give superior performance and quality.
- Development of low-cost fire extinguishers and detectors without compromising on their efficiency.
Why Choose Datafox for Fire and Safety related R&D Tax Credit Claims?
Datafox specialises in Fire & Safety related R&D Tax Credit claims. If your business is involved in the manufacturing or development of products and services that are unlike any others in the market, we can check your eligibility and help you make a successful R&D Tax Credit claim. Our R&D Tax claim experts have all the experience and know-how about the Fire & Safety industry and what qualifies as R&D to help you get the most out of your claim.
Innovation in Fire and Safety
The Fire & Safety industry undertakes crucial R&D regularly to improve the quality of safety products and services and prevent hazards and property damage. However, conducting pioneering research in this field requires considerable capital, regardless of the scale and size of the project. Datafox can help identify all the areas within your project that can qualify for R&D Tax Credits and help you receive the maximum potential pay-out for the same.
Ready to apply?
If you’re ready to apply for your R&D tax refund, please call us on the freephone number below or use this contact form and one of our helpful team will be in touch to help.
By completing the above contact form you consent that Datafox can contact you with regard to an R&D Tax Credits claim and use your details during any future claims.
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