Science & Medicine

Libcus Limited - Service - R&D Tax Relief - Science & Medicine

Are you claiming fully for your scientific and medical R&D projects?

The Pharmaceutical industry is one of the biggest global industries involved in research & development and fits the typical stereotype image of ‘people in white lab coats’ undertaking R&D in laboratories. However, whilst that remains a major part of R&D, there are also many other companies involved such as drug manufacturers, specialist testing companies, packaging companies, and medical equipment designers who may also qualify for R&D.

Latest HMRC Manufacturing Statistics - Professional, Scientific & Technical*

Scientific/Professional/Technical Claims Processed
0
Total sector claim value
£ 0 m
Average claim value
£ 0

What qualifies as R&D in the Scientific & Medical sector?

The R&D tax credit scheme rewards any company whose work seeks to resolve a ‘scientific or technological uncertainty’. Qualifying activities may include:

  • Development and clinical trials of new drugs.
  • Adapting or developing manufacturing processes for now or improved drugs or medical devices.
  • Development of new or improved testing techniques.
  • Manufacturers of new or improved medical devices to enhance patient care.
  • Adapting/improving existing drugs to a broader audience e.g. sugar-free, easier to swallow or slow-release.
  • Development of new packaging taking account of areas such as shelf life, temperature storage and sustainability.

Download our Scientific & Medical flyer to find out more

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SCIENTIFIC & MEDICAL SECTOR SUCCESS STORY
TOTAL R&D BENEFIT: £142,000

A UK supplier of unique products for pre-menstrual syndrome and post-natal depression developed a pessary specifically related to the assisted reproduction market.
CLICK HERE FOR MORE EXAMPLES OF OUR WORK
SCIENTIFIC & MEDICAL SECTOR SUCCESS STORY
TOTAL R&D BENEFIT: £16,603

Experts in sourcing and developing innovative new products for cardiovascular specialists developed a new method to improve heart coronary diagnosis achieving quicker haemostasis in patients without compromising blood flow.
CLICK HERE FOR MORE EXAMPLES OF OUR WORK
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Why Work With Libcus?

The R&D tax relief scheme is extremely rewarding but also a highly technical and complex process. With extensive experience working within this field, we are uniquely positioned to help scientific companies and related industries claim for their innovation.

At Libcus, we take a supportive approach to guiding our clients through the entire claims process. We offer regular visits to your premises (where required) to discuss and review R&D activities to ensure we maximise your benefit. Additionally, we undertake as much of the R&D claim work as possible from identifying eligible projects, through to writing technical narratives, and calculating difficult R&D calculations.

We take time to assess your business and would never submit a claim without being confident of its outcome. However our support doesn’t end when we submit your claim. Our fee structure includes full enquiry support should your claim be investigated by HMRC.

Find out more about the claims process

Let Our Specialists Handle Your R&D Tax Credits Claim

Let our technical experts prepare your R&D Tax Credits claim.
We will compile a robust claim and make sure you receive the maximum benefit possible for your business.
Telephone: 01629 810 222
Contact Libcus Today

* Source HMRC R&D tax credits statistics 2022. The statistics published by HMRC for 2020-21 are provisional and have been uplifted to include estimates for claims not yet received.