An expanding mid Wales bottling company has reclaimed more than £400,000 in tax following successful research and development tax claims.
Radnor Hills Mineral Water Company received a total of £412,000 thanks to specialist help from R&D Tax Claims Limited, with R&D tax refunds spanning a four year period.
Based at Knighton, Powys, Radnor Hills began as a small company packing cuplets for airlines but today has grown into a company bottling a diverse range of mineral water, flavoured spring water, sparkling premium pressés, fruit juices and school compliant drinks.
Radnor Hills Managing Director William Watkins said that despite initial scepticism that they had an R&D claim, the process had been straightforward and rewarding.
“We take a unique and bespoke approach to our business, constantly evolving production lines through innovative systems and machinery.
“Soft drinks is a technical business, and the key to this claim was identifying an applicable R&D scheme within our business – establishing what was and was not eligible.
“The team at R&D understood exactly what was needed, and had an immediate grasp of what we did, steering us in the right direction towards a successful claim.”
R&D TAX CLAIMS