Vaping
Research and development activities that qualify are frequently conducted in emerging and new sectors. Numerous businesses are creating new goods for the e-cigarette market, ranging from atomizers required to disperse the product to new and inventive tastes and e-liquid formulas. Here, we look at the several types of activities that qualify for the R&D tax credit programme.
Examples
1
Extraction of flavour
There are many different flavours in e-liquids, but in order to use them, they must first be removed from the source. Thankfully, there are some tried-and-true methods, but many of them may call for the use of harsh chemicals. Other techniques might necessitate heating, steaming, or bleaching procedures, which might make the product unusable. Therefore, new technologies that aren't currently employed in the e-cigarette industry must be developed.
There are many different flavours in e-liquids, but in order to use them, they must first be removed from the source. Thankfully, there are some tried-and-true methods, but many of them may call for the use of harsh chemicals. Other techniques might necessitate heating, steaming, or bleaching procedures, which might make the product unusable. Therefore, new technologies that aren't currently employed in the e-cigarette industry must be developed.
2
Removal of residue from atomizers
A new e-liquid taste or formula is tested after it has been made. Given that some electronic vaporizer models are susceptible to residue build-up, more testing may be necessary. As a result, the e-liquid needs to be adjusted, frequently after extensive trial and error.
A new e-liquid taste or formula is tested after it has been made. Given that some electronic vaporizer models are susceptible to residue build-up, more testing may be necessary. As a result, the e-liquid needs to be adjusted, frequently after extensive trial and error.
3
E-liquid filtering
A new e-liquid taste or formula is tested after it has been made. Given that some electronic vaporizer models are susceptible to residue build-up, more testing may be necessary. As a result, the e-liquid needs to be adjusted, frequently after extensive trial and error.
A new e-liquid taste or formula is tested after it has been made. Given that some electronic vaporizer models are susceptible to residue build-up, more testing may be necessary. As a result, the e-liquid needs to be adjusted, frequently after extensive trial and error.
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.