Datafox specialise in R&D Tax Credits for the Cosmetics industry
Datafox specialises in delivering R&D Tax Credits for those within the Cosmetics industry.
Looking for a beautiful funding solution?
The beauty industry generates around £30 billion annually for the UK economy. The largest share of this came from purchases of care and maintenance products, worth £10.4 billion. A further £8.7 billion was generated through purchases of personal enhancement products, while £8 billion was spent on the huge range of beauty services.
The Cosmetics industry is increasingly required to find alternative chemical product formulations that meet both the natural skincare trend as well as the need for sustainability. It’s a highly competitive industry and as such companies are continually innovating to gain a competitive advantage.
Differentials are achieved via product development, technology innovations, as well as unique packaging materials. Chemists and cosmetic engineers are continuously involved in research and development to devise products and production processes to satisfy customer’s requirements.
Therefore, there are many opportunities for potential R&D Tax Credit claims, such as:
- Develop new or improved chemical product formulations
- Develop and test new or improved packaging and packaging equipment
- Generate prototypes and samples of new products for testing and validation
- Develop new or improved distribution methods
- Develop or upgrade technology and software used within the R&D process
Datafox specialise in the Cosmetics industry
Datafox specialises in the Cosmetics industry. We understand your business and industry enabling our team of claim experts to successfully process your submission quickly and accurately keeping you informed of the progress every step of the way. In the last 12 months, the Datafox Research and Development Tax Credit Experts have processed £30 million pounds worth of claims on a NO WIN NO FEE BASIS and with NO UPFRONT costs.
Beauty Industry Products
The Beauty industry from manufacturers, wholesalers, retailers and service providers are innovating within their businesses to improve efficiency and gain a competitive advantage. Whatever stage your business is within the distribution process, you could be rewarded for your innovation via the research and development tax credits scheme.
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.
Stuff you need to know
Learn about the story of Cosmetics brand UpCircle Beauty.read more
UpCircle Beauty benefit from the Datafox R&D Tax Credits team following an appearance on Dragons Den.read more
Learn more about the great news for R&D in the recent budget.read more
Waste not want not!
The UpCircle Beauty story is inspiring. Derived from nature, their 100% natural skincare products are of the moment. The products consist of items that would often reach landfill like used coffee grounds and brewed chai tea spices. They provide a solution for looking good as well as helping the environment.
With UpCircle Beauty, you get to enjoy the uplifting benefits of nature’s skin rejuvenators – and do the planet some good, too.
That’s all-round better skincare.