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Columbus Trading Partners SGS United Kingdom Ltd LittleLife Relyon Ltd Zip Us In Ltd High Street Textile Testing Services Obaby Ltd Bugaboo International BV Kaleidoscope Communications Premiere Baby Ltd t/a MOBA Harry & Rose Cheeky Rascals Ltd Mamas and Papas Ltd Cuddledry Ltd Hauck Group Ltd Newell Brands Prince Lionheart UK Ltd Britax Hardenberg&Co Ltd Totseat Ltd iCandy World Limited David Lowe & Co Ltd Kit for Kids Ltd BabyStyle UK Ltd Infababy Dorel UK Innovative Baby Products Ltd Opus Innovations Ltd Sweet Dreamers Ltd SHNUGGLE LTD PacaPod Ltd Hippychick Ltd Tee-Zed Products Ltd Huggabubba Ltd Steribottle Ltd TotsBots Ltd 2012 Ltd Bureau Veritas Consumer Product Services UK Ltd Gro Company (The) And Design Ltd Boori Europe Ltd Cosatto Ltd Chicco UK Red Kite Baby Company Ltd (The) Mayborn Group FIRA International Ltd Apramo UK Ltd My Carry Potty Kiddy Children's Products UK Ltd Kid Rapt Ltd Silver Cross UK Ltd Bambino Mio Limited East Coast Nursery Ltd Nuby UK CuddleCo Ltd Kerrikids Ltd t/a babocush Summer Infant Europe BubbleBum (UK) Ltd Clippasafe Ltd Snuggle Sac Company Ltd (The)

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You may be entitled to tax relief

12/9/2019

You may be entitled to tax relief

The Baby Products Association has teamed up with leading innovation tax specialist GovGrant to offer members a range of services that could save businesses thousands of pounds.

In the UK, companies can claim tax relief for research and development (R&D) activities. This government scheme is designed to boost innovation by supporting businesses which seek to improve or overcome challenges or uncertainties in their products and processes. The scheme is administered by HMRC.

Many companies may not realise that they are eligible for this tax relief, but in fact 95 percent of those applying to GovGrant will qualify. In fact, there are already many companies in the baby products sector already claiming this relief – so there is a good chance that you could to. For example:

Already claiming R&D tax relief?

On average, GovGrant claims to have increased existing tax credit applications by 200 per cent by finding the full potential of each claim. For example, the company will go back for two years to improve all claims and reports so that opportunities are not lost. The company boasts a 100 per cent success record for R&D claims and is happy to work alongside company accountants to complement their skills.

In addition, GovGrant offers a range of Intellectual Property (IP) services to help companies to commercialise their IP including a potential reduction on corporation tax on patents held.

Baby Products Association member benefits include:

For more information and to discuss whether you may be entitled to a claim, email: steve.thomas@govgrant.co.uk or call him on 07704 146773 quoting that you are a Baby Products Association member or visit www.govgrant.co.uk

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