Simplifying a complex claim for TNA Electrical

TNA Electrical provide mechanical, electrical and public health solutions to all sectors of the construction industry across the UK. Since 2017, TNA Electrical have engaged in increasingly complex build projects, requiring considerable time and expenditure on up-front engineering design solutions and proof-of-concept testing. They engaged Kene to help them with their first R&D Tax Credit claim in 2019 and were eligible to claim for activities since 2017."Kene conducted a one-day workshop with the relevant stakeholders to demonstrate how the government initiative works, and which activities can contribute towards a claim, before gathering the necessary technical detail from our staff. This was an efficient process given the technical expertise of the Kene consultants, ensuring that no detail was missed or misunderstood. Kene then produced a detailed technical report and translated our internal costs into eligible R&D expenditure.""Since working with Kene we have received £645,000 in tax benefits via a combination of tax reductions and refunds, all of which has strengthened our bottom line and made a tangible impact on our business. Working with Kene has also ensured that a complex process was as simple as possible for us, and crucially, that our submission to HMRC was in accordance with all necessary guidelines."Arrange a free consultation with our team of experienced and approachable tax incentive advisors today. At Kene, our mission is to help innovative companies access millions of pounds of government money set aside to foster innovation. Your business could be next.