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