Case Studies
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Case Studies
£70k R&D Tax Credit Refund
Civil Engineering
Thorne International Boiler Services Limited, TIBS, specialise in industrial steam and high-pressure hot water boiler systems, and are able to excel in their expertise globally!
They are specialists in the industry and have more than 45 years of experience, which means their team can turn their hand to whatever your business requires and find a solution!
Our team were able to recognise they were eligible for Research and Development Tax Credit Relief, and HMRC successfully obtained a refund in the region of £70,000.00!
We had been approached by a number of businesses to investigate the potential for an R&D claim prior to meeting with Mike Elphick, who we had known for a number of years through his banking career. In view of that we were happy to investigate the possibility with someone we trusted. Once we were introduced to Gemma Davies of Innovation 4 Business, it became clear that our activity as a business was eligible. With professional and informative guidance from her we were comfortable to proceed with a claim and were happy to be in receipt of a tax repayment from HMRC within 28 days. We are happy to endorse the R&D tax initiative and the services of I4B.
Nick
Jeavons
Thorne International Boiler Services
