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R&D activities in manufacturing.

Within manufacturing the areas of greatest opportunity for long-term high value growth involve significant research and development activities.

Much manufacturing activity is almost unrecognizable from the end of the 20th century and the pace of change is only going to accelerate as automation, digitization and an imperative on sustainability become increasingly prominent.

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The creation of new and improved products is an everyday outcome of Research and Development activities.

Manufacturing companies who are striving to improve their production with the implementation of improved processes or automation can also benefit from R&D tax credits.

Leon Faulkner

R&D, Grants Consultant

What types of activities qualify then?

Qualifying activities are wide-ranging but will depend on a number of factors, such as the level of technical uncertainty, the level of design input and responsibility, and the level of risk.

However, in all cases, there should be an advancement of knowledge or capability in the sector.

Some examples of qualifying activity are outlined below:

  • Inspired Corporate Advisory Development of innovative products with new or improved functionality
  • Inspired Corporate Advisory Prototype development activities including design and testing
  • Inspired Corporate Advisory Integrating substitute materials into processes to achieve greater efficiency or respond to legislative requirements.
  • Inspired Corporate Advisory Developing new equipment or components for in-house manufacturing processes
  • Inspired Corporate Advisory Custom integration of automated processes and new technology into existing manufacturing processes

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