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