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

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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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