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.

R&D tax credits can offer aerospace businesses an additional tax deduction of up to 86% (SME example) off all qualifying innovation spend.

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:

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

Aerospace Process Improvements

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

Manufacturing tools or equipment
Hardware or software such as automations or robotics
Manufacturing methods, including quality or efficiency improvements to increase yield or production time frames.
Regulation testing
Bespoke back-office or workflow systems and coding

Contact Amplifi, R&D Tax Credit Specialists

Get innovation and R&D tax credit advice and support from an expert team.

Aerospace R&D Tax Credits

15 Aerospace R&D Tax Credit Examples

Aerospace Product Improvements

Aerospace Process Improvements

Contact Amplifi, R&D Tax Credit Specialists

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