R&D Tax Credits For Aerospace

Aerospace R&D Tax Credits

The UK Aerospace industry is the second largest in the world and a huge UK exporter.

Often seen as a leader in technological, engineering, safety and environmental changes (to name a few), it is a mature innovator in both the products and the business processes it creates.

From innovative Aerospace aircraft designs, materials, fasteners, engineering, forming, surface treatments, to manufacturing tools and more.

15 Aerospace R&D Tax Credit Examples

Qualifying aerospace innovations must attempt to “resolve a scientific or technological uncertainty”. This is when a qualified professional cannot see a solution to a problem without exploratory testing and development.

The testing must attempt to fill a knowledge gap within the industry, and change or create a new product, process or service.

Aerospace Product Improvements

Qualifying R&D product projects include the testing and development of new or modified:

  1. Aircraft or spacecraft design
  2. Dies, jigs and fixtures
  3. Forming, welding and machining techniques
  4. Surface treatments, hardening techniques, coatings and finishes
  5. Engineered or high-quality plastic solutions such as aerospace assembly plastics or components
  6. Heat-treatment methods to improve, for instance strength or weight factors
  7. Fasteners and adhesive bonding
  8. Composite materials (e.g. carbon fibre, glass and aramid reinforced epoxy)
  9. Other product quality improvements
  10. Developing and testing prototypes

Aerospace Process Improvements

Qualifying R&D process projects include the testing and development of new or modified:

  1. Manufacturing tools or equipment
  2. Hardware or software such as automations or robotics
  3. Manufacturing methods, including quality or efficiency improvements to increase yield or production time frames.
  4. Regulation testing

How To Claim R&D Tax Credits?

Amplifi Solutions offers a comprehensive R&D tax credit service and report, from a team of qualified accountants, chartered tax advisors, technical assessors and client account managers.

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