Our case study involves a client who was looking to obtain cash to further develop their business by utilising R&D tax reliefs.
During a consultation period with the client, the COVID-19 crisis hit. This created a heightened level of uncertainty for our client, forcing them to adapt in order to weather the COVID-19 storm, which in turn necessitated the need for greater strategic business advice.
Our corporate tax team submitted a successful R&D claim to maximise the tax reliefs available and preserve cash flow going forward, as well as providing strategic advice and funding support reviews to assist the client in managing their commercial risks and exposures arising from the pandemic.
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