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Our claim was handled efficiently and it was completed successfully in a timely manner. GGTC did 90% of the work and we were well informed of the process and how it worked.
We were introduced to GGTC via our BMF membership. GGTC visited our offices & factory for a no obligation consultation and quickly identified two existing development activities that we did not realise qualified under the R&D tax credit/relief scheme till their visit.
The two qualifying R&D projects identified by GGTC were in very different areas of activity; one being a product mechanical engineering challenge, the second a bespoke computerized production planning software system, for managing and controlling our hand crafted production process
At Red and Gray we had never heard of R&D tax credits until we received an email from the Chamber of Commerce offering an opportunity to meet with a representative free of charge to discuss matters further. We took this opportunity and met with a GGTC consultant who told us all about the benefits and costs of making such a claim. It all seemed a little too good to be true so I contacted our accountant and he confirmed it was all totally correct although it wasn’t something they were able to help with so we decided to give GGTC a go.
I met with the consultant on a couple of occasions before signing on the dotted line. I must admit I was very pleasantly surprised by the speed at which GGTC worked and it was nice to talk to helpful and very knowledgeable staff. Our claim was processed and monies received within our bank account within approximately 16 weeks.
I was extremely happy with the claim and [GGTC’s] ability to prove to HMRC that our activities did qualify under the rules of the R&D regime. [GGTC] explained beforehand that the work we do was a new type of R&D claim and HMRC might make further enquiries. GGTC handled the enquiry with great expertise and thoroughness and expedited our Tax credit.
I liked the way the GGTC analyst understood our company’s activities and which ones qualified for the R&D scheme, compiling a thorough technical claim report.
With GGTC’s help we now understand what activities qualify and I am very pleased that our claim benefit has increased year on year from an initial £9.4k to £16.9k to £57.4k, supporting continuous R&D.
The results have been very beneficial for us. The scheme enabled us to reduce our liability for corporation tax as well as enabling us to generate funds for on-going investment in innovation. GGTC do all the work with HM Revenue and Customs, enabling us to get on with developing the technology.
I look forward to working with you on our current financial year R&D claim….knowing that through the scheme we get back c.25% of our investment enables us to invest in challenging developments where success or the timeframe to get there is uncertain.
We are so pleased with the GGTC service that we now introduce companies within our network who are unaware of the scheme or did not believe they qualified for R&D tax credit/relief.
The service was really good and effortless to a great extent on our part and involved mainly a day of 3 of our staff to discuss. This was due to the extremely efficient and able technical analyst, who asked the relevant questions and listed the paperwork backup she required, this was all gathered together and then re issued to us to agree prior to claim submission.
I was very impressed that GGTC were able to identify projects we undertook both for ourselves and our customers that could be claimed.
GGTC’s investigative work is impressively thorough and in depth. I would highly recommend them.
It is incredible that as a trade organisation we were able to claim money back, which we will use to improve our member services even further.
GGTC’s understanding of our members businesses and their specialist scheme expertise has helped many of our members to claim under the scheme.
Being able to claim money back just for the everyday work we do to meet our clients bespoke requirements is fantastic.
It allows us to continually think outside the box and create the best solutions.
Having used GGTC to successfully claim R&D tax credits for 6 years, GGTC now present at workshops for our partners as many companies still do not realise that they qualify. The R&D claim benefits gained by of our partners & service providers facilitate continuous & seamless product development through our supply value chain, supporting our ability to meet fast evolving market needs & deliver competitive advantage.
GGTC’s ability to appoint automotive /aerospace / railway engineering R&D scheme specialists to work with us to prepare our claims, together with their 100% claim success record, ensures we maximise our £ scheme benefit & continue use them every year to prepare our R&D claims.
Knowing that we can also claim for investments in projects not taken to market gives us greater assurance when undertaking R&D at our risk for OEM’s.
Our long term relationship with GGTC, together with their advice and support on new innovation programmes enabled us to plan for the R&D credit in our investment decision making process & capture the required scheme claim data within the day to day project management of this challenging R&D undertaking.
We were initially dubious about being able to claim for internal process improvement, but GGTC’s knowledge and expertise reassured us and the results are fantastic.
We were initially dubious about being able to claim for internal process improvement, but GGTC’s knowledge and expertise reassured us and the results are fantastic....
Our long term relationship with GGTC, together with their advice and support on new innovation programmes enabled us to plan for the R&D credit in our investment deci...