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Sports Industry

Datafox specialises in R&D Tax Credits for the Sports industry

Sports Industry

Datafox specialises in delivering R&D Tax Credits for those within the Sports industry.

Looking for a great funding solution?

Businesses within the UK’s professional sports sector often conduct valuable R&D to identify new and improved ways of developing sports equipment that is high in quality and performance. Whether it is developing unique and more tensile sportswear, designing muscle-stimulating sports equipment, manufacturing high-performance sports and exercise machines, or developing innovative software for sports equipment, several areas within the sports sector are constantly evolving with the new product development. Among various technical challenges faced by businesses operating in this area, one of the most common ones is the lack of appropriate funding channels. This often leads to R&D coming to a halt, thereby stopping such innovative sports products from coming into the market. 

The R&D Tax Credit scheme is one of the UK government’s incentives that is awarded to organisations for conducting vital R&D in any sphere, including sports. However, the majority of businesses within the sports industry are unsure about their innovation or R&D being eligible for R&D Tax Credits. Some of the areas which could qualify for the same include:

  • Development of new prototype training equipment
  • Designing new and unique concepts for sports training and equipment
  • Development of innovative sports applications and software
  • Improving existing sports equipment and systems to give enhanced performance
  • Development and testing of unique nutritional plans and their results

Why Choose Datafox for Sports Industry R&D Tax Credit Claims?

Datafox specialises in sports-related R&D Tax Credit claims. Our R&D Tax experts have worked with businesses within the sports sector in the past and helped them get the maximum pay-out for their innovation. We work on a NO-WIN-NO-FEE basis and charge you NO UPFRONT COSTS for processing your claim. Our team will help write an effective claim and keep you updated on its progress from start to finish.

 

Sports Industry Innovation

The professional sports industry is filled with businesses and organisations that are working on developing world-class equipment for sports training. Regardless of the scope of your innovation and the outcome of your R&D, your work could be eligible to receive good cashback if your product solves specific problems and is unlike any other in the market. Our experienced team can help check your eligibility as well as identify all the areas of R&D that could be eligible for R&D Tax Credits. Contact us to learn more.

 

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.

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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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