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Things move fast in the technology sector. Developments come in quick succession and every step forward involves overcoming challenges and solving problems. When it comes to claiming R&D Tax Credits, understanding which projects and activities qualify is the key to getting the most from them.
- Developing faster, more efficient algorithms.
- Creating new architectures or codes.
- Writing new APIs or improving existing ones.
- Blending existing technologies in new ways.
- Improving performance, capability or reliability.
Quad Vision: Looking Deeper, Seeing Further
RIFT was quickly able to pick out a large number of qualifying activities for Quad Vision, a company that was previously unaware they were able to claim, resulting in qualifying expenditure of £42,311.07
Following an initial consultation it was apparent that Quad Vision’s custom video wall projects required a great deal of innovative work on both the hardware and software sides but, like so many other businesses, they’d been missing out on R&D tax relief for years before being put in touch with RIFT by an introducer.
Following a further in-depth meeting it emerged that the value of their qualifying activity was far beyond Quad Vision’s early expectations, and really underscores how valuable R&D Tax Credits can be – even to companies who never even considered claiming before.
Quad Vision are leading edge AV specialists who deliver technical display solutions to a wide range of sectors.