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

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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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