Skincare
Companies operating in the skincare industry in the UK can benefit from research and development tax relief. This is because skincare experts and chemists actively research and develop, contributing to a range of new or improved products such as facial cleansers, face washes, wipes, day creams, night creams, body lotions, essential oils, and more.
Substantial capital investment is required to devise new chemical formulas, identify natural ingredients, and devise new processing equipment, ensuring the creation of unique products that are both safe and effective.
At Elevaterds, we understand the difficulties businesses face while dealing with the intricate R&D tax credit scheme. Elevaterds offers a specialised R&D tax consultancy service to help companies maximise the benefits of their innovative endeavours. We work with you to ensure that your qualifying R&D activities result in a reduction in your corporation tax bill or a cash payment.
Let us support you access the R&D funds needed to make the most of your innovative pursuits.
The skincare industry presents numerous opportunities for companies to claim R&D tax relief. Potential eligible areas include:
Elevaterds assists companies in upgrading or developing new processes and software to enhance product development efficiency.
Our R&D tax experts collaborate with skincare businesses engaged in the formulation of innovative chemicals and natural ingredients to improve existing products.
Elevaterds ensures that companies involved in testing new skincare products adhere to official health and safety regulations in the UK, making them eligible for R&D tax credits.
We support businesses in the identification and testing of new ingredients, fostering innovation and eligibility for R&D tax benefits.
Elevaterds aids companies in the skincare industry that are innovating distribution methods, facilitating their eligibility for R&D tax credits.
Ready to transform your skincare breakthroughs into tangible financial benefits?
Contact Us
- Has your organisation spent money on Research and Development (R&D) to support innovation and business growth?
- Do you want to know whether your R&D project fall under HMRC’s definition of R&D for tax purpose?
- Do you want to learn more about the R&D tax incentive scheme and how your company could benefit from it?
- Do you require support with technical R&D report writing or managing the whole R&D tax incentive claim process?
- Do you require support with grant applications or content writing?
We can help you with that. Contact us using the form to the right, and we will get back to you.