The sector stretches from oil companies through to commodities, polymers, and pharmaceuticals. Whilst initial discoveries may be made in the laboratory, considerable developmental activity can then be expended in converting these into realistic industrial processes and applications.
Expenditures can include wages, third party contractor cost (contractor performing R&D in EEA), materials, machinery, equipment, and overheads.
Braithwaite Technology Consultants Ltd. can assist you in obtaining tax credits for research and development activities. Whether your work involves basic research, applied research, or experimental development, Braithwaite can take the uncertainty out of the filing process and get you the credit you deserve for your innovation.
For a detailed evaluation of the chemical industry, please contact the professionals at Braithwaite.