Innovation plays a key role in manufacturing. It helps the industry become faster, more efficient, smarter, and greener. Manufacturing is also one of the top R&D tax credit claiming sectors.
Manufacturing R&D can range from bespoke digitally connected technologies such as smart sensors, robotics and AI. To new tools, jigs or equipment, to waste, quality, heating and safety improvements.
Qualifying manufacturing R&D projects 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.
Qualifying R&D product projects include the testing and development of new or modified:
Qualifying R&D process projects include the testing and development of new or modified:
15 Aerospace R&D Tax Credit Examples