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

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You may be entitled to tax relief

09/12/2019

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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