Discover how this green tech company secured a £10,000 tax credit

By RfM Transform

14 Aug 2024

Case Study: RfM Transform and a leading Green Technology Company

Our client is a Lancashire business at the forefront of green heating technology, pioneering innovative solutions that combine local electricity generation with renewable heat. They needed expert guidance to navigate the complexities of R&D tax credits and ensure they could fully benefit from their innovative projects. Their goal was to secure funding in the form of a tax credit to support ongoing advancements.

The Business+Booster Solution

Zach and the R&D team at RfM Transform collaborated closely with the client. They meticulously identified qualifying activities and expenditures related to the advanced renewable heat systems. HMRC stipulates that claims must clearly demonstrate innovation, technological advancement, and the resolution of scientific or technological uncertainties in order to qualify for a tax credit. Additionally, claims should be supported by detailed documentation of the R&D activities and costs involved. This comprehensive approach ensured an accurate and maximised claim submission.

Best Practices for R&D Tax Credit Claims

HMRC requires precise documentation and clear evidence of your R&D activities. They have steadily got more stringent with their guidelines and so to ensure your claim is approved we will work with you to:

  • Document R&D Activities: Maintain thorough documentation of the research process, challenges faced, and technological advancements achieved.
  • Regular Reviews: Conduct regular reviews to ensure all relevant activities and expenses are captured accurately.
  • Professional Guidance: Seek expert advice to navigate the complexities of the claim process and avoid common pitfalls.
  • Track Expenses Meticulously: Keep detailed records of all costs related to R&D activities, including staff time, materials, and any subcontracted work.

"Working with RfM Transform has been instrumental for us. Their expertise allowed us to secure vital funding, enabling us to push the boundaries of green heating technology." - MD, Green Technology Company

"Our client’s commitment to sustainable and useful innovation is truly inspiring. We are proud to support their journey by helping them access the financial benefits of R&D tax credits, enabling further advancements in their groundbreaking technology." - Zach Barrow, R&D consultant, RfM Transform

At RfM Transform we believe that small businesses can transform the world! That’s why we created the Business+Boosters.
6 Essential services designed to support and grow your business:

  • Growth
  • Digital Heathcheck
  • Carbon Audit
  • Exit Planning
  • HR and H&S
  • Innovation - R&D Tax Credit Claims

If your business would benefit from R&D Tax Credits, get in touch to see how we can help— to date we've successfully claimed over £3m in tax credits for our clients.

Latest news

1

Beever and Struthers advise on £1.5bn funding for 2,000 new social homes a year John Jones

Beever and Struthers advise on £1.5bn funding for 2,000 new social homes a year

03 Jul 2025

2

Airframe Designs aligns with US programme for additive manufacturing growth Additive manufacturing technology unit At Airframe Designs

Airframe Designs aligns with US programme for additive manufacturing growth

03 Jul 2025

3

Panache Cruises on course for further growth with support from Rosebud James Cole

Panache Cruises on course for further growth with support from Rosebud

03 Jul 2025

4

Lancashire emerges as key player in UK's Defence and Tech Sector Mo Isap Chair Of The Lancashire Business Board Nick Miles National Cyber Force Deputy Director For Samlesbury Annette Weekes Representative Of The NWRDSC

Lancashire emerges as key player in UK's Defence and Tech Sector

03 Jul 2025

5

Report shows impact of BAE Systems in Lancashire BAE Systems Radar

Report shows impact of BAE Systems in Lancashire

02 Jul 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
LBV123 July/August Launch Event
Lancashire Business View magazine launch
Networking
16 Jul 2025

LBV123 July/August Launch Event

Burnley

08:30 - 10:30

Lancashire Built Environment Conference 2025
BEC 315 X 315 Px
Networking
25 Sep 2025

Lancashire Built Environment Conference 2025

Blackpool Football Club, Blackpool, FY1 6HX

08:30 - 13:00

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

The Marketing Metrics that Matter – July 4
LBV Hub Seminars
04 Jul 2025 - 04 Jul 2025

The Marketing Metrics that Matter – July 4

Door4 Office, Burnley Wharf, Burnley, BB11 1JG

08:30 - 11:00

Tri-Site Survey Equipment Showcase
unnamed (2).jpg.jpg
LBV Hub Seminars
09 Jul 2025 - 09 Jul 2025

Tri-Site Survey Equipment Showcase

Crow Wood Hotel, Burnley, BB12 0RT

09:30 - 16:00

Choose Chorley for Business - Talent Reimagined Business Breakfast
talentreimaginedbb.png.png
LBV Hub Seminars
10 Jul 2025 - 10 Jul 2025

Choose Chorley for Business - Talent Reimagined Business Breakfast

Strawberry Fields Digital Hub, Chorley, PR71PS

08:00 - 10:30

Blackburn Cathedral hosts Champagne and Diamonds Event with Ainsworth Jewellers
Champagne-Jewellery 10 07 25_page-0001.jpg.jpg
LBV Hub Awards
10 Jul 2025 - 10 Jul 2025

Blackburn Cathedral hosts Champagne and Diamonds Event with Ainsworth Jewellers

Blackburn Cathedral, Blackburn, BB1 5AA

18:00 - 20:30

Shaping Preston's future by remembering its past
1750160034867.png.png
LBV Hub Networking
16 Jul 2025 - 16 Jul 2025

Shaping Preston's future by remembering its past

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 20:30

Chamber Summer BBQ
LBV Hub Social
17 Jul 2025 - 17 Jul 2025

Chamber Summer BBQ

The Borough, Dalton Square, Lancaster, LA1 1PP

17:30 - 20:00

Preston Tech Connection: Web3 is Dead. Or is It?
July Longer Banner.jpg.jpg
LBV Hub Networking
29 Jul 2025 - 29 Jul 2025

Preston Tech Connection: Web3 is Dead. Or is It?

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 19:30

Preston Freelancer Meet-Up: July
Longer July Banner.jpg.jpg
LBV Hub Networking
31 Jul 2025 - 31 Jul 2025

Preston Freelancer Meet-Up: July

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV122 Online Graphic
Subscribe now

Weekly news bulletin