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R&D Tax Success for Retail Sector Manufacturer

ASG Consultants have been successful in identifying for CAEM UK a substantial £30,000 in Tax Benefit and it all started from a telephone call!

 

CAEM UK, a trading name of Magrini (UK) Ltd), are a manufacturer of various modular shop fitting systems for the retail sector based in Stoke-on-Trent. A proportion of their work involves developing bespoke solutions for customers, blending together customer needs, manufacturing efficiency, innovation and budget control. CAEM’s R&D department have increased its product database by an astonishing 60,000SKU extra variants in the last 5 years – all areas which qualify for tax Relief.

After some investigation between our team at ASG and CAEM we identified projects that met the HMRC requirements for Research & Development (R&D) tax relief. Kully Nijjar, Sales Manager at ASG explained,

“It was clear that CAEM were adopting new design techniques, more efficient use of raw materials and production and innovative solutions to meet customer requirements.” 

Andrea Magrini, Managing Director at CAEM said,

“Despite our initial doubts that the projects would qualify, ASG conducted their investigation and found that in actual fact we were very well placed to recover some of the projects costs through R&D tax relief. A great result and one we are very happy with!  We are glad that ASG contacted us and made us aware of the financial benefit that we were missing out on. I suggest that this is a lesson for all businesses to investigate, and with ASG it is free to find out!”

“In fact, ASG initially identified that we could claim for two years and we are now currently reporting on this year’s claim.”

R&D Tax Relief is relevant in the following industries: –

Aerospace, Architecture, Civil Engineering, Construction, Engineering (all types), Food, Pharmaceutical, IT and Telecoms, Manufacturing, Publishing, Printing, Retail and Wholesale, Transport, Utilities

Tim Burrill – Commercial Manager at ASG says,

“Do not discount your business from investigating eligibility for an R&D claim without speaking to ASG Consultants. You may be missing out on investment from within your business. An R&D claim is an alternative means of raising funds for continued development of your business.”

ASG Consultants offer a FREE investigation into potential tax claims. Please contact us below to arrange a meeting, or if we give you a call – please talk to us – it might just result in a tax benefit for your company!

For an informal chat please contact Tim and the team on 01332 419708. Email: [email protected].  ASG Group, 14 Melbourne Court, Millennium Way, Pride Park, Derby DE24 8LZ.


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