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

Roundhouse secures approval for new £15m office and industrial scheme in Preston Momentum

Roundhouse secures approval for new £15m office and industrial scheme in Preston

25 Jul 2025

2

Homebuilder's high-performing sales advisers clinch awards Ben Garland and Julia Lorente

Homebuilder's high-performing sales advisers clinch awards

24 Jul 2025

3

Work is set to start on Multiversity project Multiversity Blackpool

Work is set to start on Multiversity project

24 Jul 2025

4

BAE Systems welcomes MOU between Republic of Turkiye and UK for purchase of Typhoon aircraft Typhoon production Warton

BAE Systems welcomes MOU between Republic of Turkiye and UK for purchase of Typhoon aircraft

23 Jul 2025

5

Assystem to double UK jobs to deliver Sizewell C EDF Assystem

Assystem to double UK jobs to deliver Sizewell C

22 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
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

Preston Tech Connection: Buzz Word Bingo. Challenging Todays's Buzzwords In Tech
July PTC banner long updated.png.png
LBV Hub Networking
29 Jul 2025 - 29 Jul 2025

Preston Tech Connection: Buzz Word Bingo. Challenging Todays's Buzzwords In Tech

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

Advantage: AI – A Workshop for Business Leaders – August 14th
Navy--Event Tile.png.png
LBV Hub Seminars
14 Aug 2025 - 14 Aug 2025

Advantage: AI – A Workshop for Business Leaders – August 14th

Door4 Office, Burnley Wharf, Burnley, BB11 1JG

09:00 - 12:00

The Business Network Central & East Lancashire
LBV Header (24).png.png
LBV Hub Networking
21 Aug 2025 - 21 Aug 2025

The Business Network Central & East Lancashire

Mytton Fold, Langho, BB6 8AB

11:30 - 14:15

Morecambe Bay Walk
Walk.jpg.jpg
LBV Hub Awards
30 Aug 2025 - 30 Aug 2025

Morecambe Bay Walk

Arnside, CARNFORTH, LA5

09:30 - 14:00

Longridge Soap Box Derby
Screenshot 2025-06-10 090035.png.png
LBV Hub Fundraisers
14 Sep 2025 - 14 Sep 2025

Longridge Soap Box Derby

Berry Lane, Longridge, PR3 3WH

10:00 - 16:30

Cumbria Business Expo 2025
https---cdn.evbuc.com-images-880461633-4862066883-1-original.20241022-110415.jpeg.jpg
LBV Hub Exhibitions
19 Sep 2025 - 19 Sep 2025

Cumbria Business Expo 2025

Carlisle Racecourse, Carlisle, CA2 4TS

09:00 - 15:00

Help to grow management course
Help to grow - barriers to growth.png.png
LBV Hub Seminars
26 Sep 2025 - 16 Dec 2025

Help to grow management course

Preston Campus , Preston , PR1 2HE

09:00 - 15:00

RISE - Lancashire's unique leadership programme for women
thumbnail_Emma Weston Illustration WENDY BOWERS RISE Illustrstion.jpg.jpg
LBV Hub Seminars
22 Oct 2025 - 18 Mar 2026

RISE - Lancashire's unique leadership programme for women

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:30 - 15:30

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 LBV 123 Online Graphic
Subscribe now

Weekly news bulletin