Water Technology
Datafox specialises in R&D Tax Credits for the Water Technology Sector
Water Technology
Datafox specialises in delivering R&D Tax Credits for those within the Water Technology sector.
Looking for a great funding solution?
The water industry in England primarily consists of around 10 private companies that manage all the water supply in the country. It is highly specialised and successful at identifying new opportunities and delivering relevant solutions for the general population. Such that, the top utilities in the UK recently reported sales revenue of up to £2.1 bn in 2021. The water companies collect, treat, and deliver billions of litres of safe and clean water to a population of approximately 69 million people every day. They are also responsible for collecting and treating sewage and wastewater and then releasing it safely back into the environment. Technology plays a crucial part in delivering clean water to the people, treating wastewater, and safely returning it to nature. However, in recent times, the wastewater released has often been found to have large amounts of pollutants and toxic materials potentially harmful to the environment. It has become the biggest focus of conducting R&D and using technology in the water industry in present times.
Plenty of research is ongoing to find innovative ways to transform sewage water into fuel and other useful by-products, using new and improved technologies. Since it involves overcoming many scientific uncertainties and technological challenges, the R&D work undertaken by water companies is often eligible for the government’s R&D Tax Relief scheme. Businesses in this sector must identify qualifying costs and apply for R&D Tax Credits to gain funding for further research and innovation. Some of the areas that could be eligible for R&D Tax Relief in the water technology sector include:
- Evaluation of polluting components, their cause, and effects
- Development of innovative sewage water treatment methods
- Modification and improvement of existing technologies used in water purification and treatment
- Development of innovative and improved filtration systems
- Development of new water softeners
- Development of improvement of distillation systems
- Development of rapid disinfection methods
- Development of new biological filters
- Conducting energy efficiency research
- Improvement of existing cooling and heating systems
- Extensive environmental impact studies
Why Choose Datafox for Water Technology Related R&D Tax Credit Claims?
Datafox R&D Tax Credit experts specialise in making successful claims for water technology companies. We work with you to identify all the qualifying costs in one go so that your business can receive the maximum cashback or tax relief for your innovation. We do not charge any upfront costs and work on a No-Win-No-Fee basis to help you enjoy a hassle-free claims process and a favourable outcome.
Water Technology Innovation
With climate change needing immediate intervention, it has become essential for water companies to invest in R&D and develop innovative solutions that give clean drinking water without polluting the environment. Whether it is developing new water technology, improving existing ones to give better results, or modifying and improving processes to make the treatment and collection of water more efficient, there is a range of measures that water companies can take to tackle climate change and keep the environment clean. The government’s R&D Tax Credit scheme can benefit all businesses that conduct such pioneering research.
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.
Your details will not be used for any other purpose and you can request us to stop contacting you by using one of the methods listed in the privacy policy.
Stuff you need to know
5 Key Manufacturing Trends That Will Power The Industry in 2022
The manufacturing industry is one of the most economically important and lucrative sectors in the UK. In fact, the UK is currently the ninth-largest manufacturing country in the world. The total value of UK manufacturers’ product sales was estimated to be £396.6bn in...
Future Trends in Software Development
The software industry is constantly changing and updating. Especially in recent times, software development has undergone a major transformation thanks to an increase in demand for innovative programs that can help individuals, companies, and institutions to meet...
How Can Farmers & Agriculture Businesses Benefit From R&D Tax Credits
Read about how farmers and agriculture businesses can benefit from R&D Tax Credits.
Follow us
SKNHEAD Case Study – Impossible Made Possible
Innovation and versatility are not easy to achieve when it comes to cosmetics, but SKNHEAD managed to attain both in their exclusive range of unique male skincare and grooming products. Developed with tireless precision by celebrity hairdresser Adee Phelan, the SKNHEAD range includes a variety of grooming essentials for men such as a shampoo, styling clay, a toner, hair pomade, a hair styling spray, a foaming cream and the most cutting-edge 4-in-1 skin moisturising and hair treatment cream designed to work on tattooed skin, face, beard and hair.