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R and D tax credits and KTPS Dr. Roy Taylor Managing Director Malthouse Engineering.

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Presentation on theme: "R and D tax credits and KTPS Dr. Roy Taylor Managing Director Malthouse Engineering."— Presentation transcript:

1 R and D tax credits and KTPS Dr. Roy Taylor Managing Director Malthouse Engineering

2 UKs largest independent steel profiling group 14 trading styles Over 150 employees 5 sites across UK Culture of innovation (suggestion scheme)

3 R and D Tax Credits We have been working with Darren Glover for over 3 years In that time we have submitted a number of successful claims £190, £53, – still in progress

4 What is a claimable project? A claimable project must be unique and cutting edge Project where something is being patented Rain water harvesting was not accepted not cutting edge Website development and online marketing not unique enough

5 Reinvesting Monies reclaimed have been ring fenced for investment and development opportunities A retrofitted conveyor system has recently been patented. This allows us to continually scrape dross and profile put from a cutting bed without the need to stop production Knowledge Transfer Partnerships

6 KTPs Two so far, one from BCU one from University of Wolverhampton BCU KTP was aimed at the development of the sales database and improvement of IT The UoW KTP was aimed at the development of the groups marketing

7 Benefits of KTPs In addition to the graduates there are other significant benefits Access to university resources such as research Access to students at the university Access to academics within the University

8 Thoughts or Questions? For more please visit Twitter These slides are available on slide share slideshare.net/MalthouseEngineeringMalthouseEng slideshare.net/MalthouseEngineering


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