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

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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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