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R&D tax relief case studies

Source Advisors makes sure that your innovation is recognised and receives the full credit due.

Here are a few examples of recent success stories showing how our expertise in the area of Research and Development tax relief helped our clients to optimise their innovation.

R&L Holt​

Industry: Horticulture

  • R&L Holt are proud to have used their experience from the last 40 years to keep innovating and improving their operations.
  • They have been claiming R&D tax credits for many years, but now working with Source Advisors, they have recognised even more of their activity as innovation.

Read full R&L Holt case study

R&D case study R&L Holt logo


Industry: Logistics

  • AnyVan’s technology platform has enabled them to stay ahead of the competition but the development work is always complex and comes at a significant cost to the business
  • Source Advisors’ review identified some significant areas of qualifying expenditure which had previously been overlooked, resulting in a sizeable additional benefit for AnyVan

Read full AnyVan case study


Computer Controlled Solutions Ltd

Industry: Information Technology

  • Source Advisors helped make a claim against expenditure on an R&D project which failed initially
  • Claims made by CCS under the R&D tax credit scheme have increased by 500% over four years

Read full CCS case study 

R&D case study Computer Controlled Solutions logo

Goodchild Marine

Industry: Manufacturing

  • Source Advisors helped their client understand the criteria for qualifying for Research and Development tax relief
  • The client realised that some of their ‘day to day’ activities were in fact innovative and claimable under the R&D tax credit scheme

Read full Goodchild Marine case study 

R&D case study Goodchild Marine logo

HL Plastics Ltd

Industry: PVCu extrusions manufacturer

  • We effectively identified and maximised the qualifying R&D activity across the mix of completed, ongoing and failed projects
  • More than that Source Advisors was able to significantly broaden the potential scope of qualifying IP revenue included in the client’s annual Patent Box tax relief claim

Read full HL Plastics case study 

R&D case study HL Plastics logo

Hone-All Precision Ltd

Industry: Manufacturing

  • The client was initially dubious about being able to claim for process improvements
  • Source Advisors used their knowledge and expertise to help the client claim R&D tax relief, and the improvements created greater efficiency within their business

Read full Hone-All Precision Ltd case study  

R&D case study Hone All Precision logo

Quartz Technical Services Ltd

Industry: Electronic Engineering

  • Source Advisors identified different projects which could be claimed under large and small company R&D tax credit schemes
  • This allowed the client to make more R&D claims than if they had only claimed as an SME

Read full Quartz Technical Services Ltd case study

R&D case study Quartz TSL logo

Tracware Ltd

Industry: Software

  • Source Advisors helped claim R&D tax credits for multiple projects some of which spanned several years
  • This allowed the client to claim credit on approximately 25% of their investment which they re-invested in innovation to stay ahead of their competitors

Read full Tracware Ltd case study   

R&D case study Tracware logo

Traffic Environment Systems Ltd (TES)

Industry: Mobile CCTV technology

  • Source Advisors offered the client a holistic view of the incentives and tax reliefs used to promote innovation over a period of seven years
  • A successful IPO patent grant application allowed the client to benefit from Patent Box in addition to the R&D tax credit scheme

Read full Traffic Environment Systems Ltd case study

R&D case study TES logo

Veriserv Ltd

Industry: Monitoring solutions

  • Although initially unsure that they would qualify, Source Advisors identified that a significant amount of eligible R&D
  • As a Source Advisors client since 2010, Veriserv have successfully recovered tax free cash to the business of more than £100k

Read full Veriserv Ltd case study 

R&D case study Veriserv logo

Warden Plastics​​

Industry: Plastics Manufacturing

  • Claims were made for two major R&D projects
  • Warden received a cheque for a five-figure sum within six months of starting the claims process

Read full Warden Plastics case study  

R&D case study Warden Plastics logo

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