Furniture
Unsurprisingly, the manufacturing of furniture represents close to 20% of all claims for R&D tax credits. Here are some examples of what it means to qualify for the R&D tax credit.
Examples
1
Quality of the Product
Maintaining product integrity is one of the largest technical issues in custom furniture design. It is typical to set specifications based on aesthetic preferences when making bespoke furniture for a client. When attempting to guarantee the functionality of the finished part, this can result in significant technological hurdles.
Maintaining product integrity is one of the largest technical issues in custom furniture design. It is typical to set specifications based on aesthetic preferences when making bespoke furniture for a client. When attempting to guarantee the functionality of the finished part, this can result in significant technological hurdles.
2
Designs that are ineffective
Customers frequently submit suggestions to furniture manufacturers for design elements that serve certain purposes. Designers, however, have a wealth of evidence demonstrating that they do not function as intended. In these situations, the team looks to create alternate possibilities to come up with workable solutions for the finished project.
Customers frequently submit suggestions to furniture manufacturers for design elements that serve certain purposes. Designers, however, have a wealth of evidence demonstrating that they do not function as intended. In these situations, the team looks to create alternate possibilities to come up with workable solutions for the finished project.
3
Choosing appropriate materials
In the design sector, CAD software usage is widespread. The majority of the technical uncertainty that develops during the building process should be reduced as a result. This isn't perfect, though. This is because material makers frequently only have the ability to offer application instructions. These materials are not very useful if they are utilised in fields for which they were not designed..
In the design sector, CAD software usage is widespread. The majority of the technical uncertainty that develops during the building process should be reduced as a result. This isn't perfect, though. This is because material makers frequently only have the ability to offer application instructions. These materials are not very useful if they are utilised in fields for which they were not designed..
4
Selection of the Proper Fixtures and Fittings
Off-the-shelf fixtures and fittings frequently are not appropriate for bespoke goods. In these circumstances, you'll either need to create your own or the business will need to alter what is being offered. This will guarantee that the finished item performs as intended.
Off-the-shelf fixtures and fittings frequently are not appropriate for bespoke goods. In these circumstances, you'll either need to create your own or the business will need to alter what is being offered. This will guarantee that the finished item performs as intended.
Testimonial
Success Stories
We appreciate the experimentation, message reform, and clever incentives. We provide a range of services and solutions globally, and this is the foundation of our methodology.
Since we started working with PHG Finance, we have no hesitation in recommending them as an R&D advisor. PHG Finance showed a strong understanding of our industry, offered clear direction, and had quick turn-around timeframes.
They are a very personable and experienced tax staff, and I highly recommend them. They did a great job of explaining the procedure and making sure we understood the projects that qualified.
We had previously worked with another organisation for R&D, but we have discovered that PHG Finance was the best because they were supportive, amiable, and professional throughout the process.
The prompt service I received from PHG has been excellent. When their technical team contacted me, they requested all the pertinent data they needed, and I was pleased with the report they provided.