I knew the R&D Tax Credit (RDTC) existed and was very anxious to do something about it, however, when I did my research, it seemed there was limited information on the subject. I spoke with our auditors, one of the Big 4, who advised us of the many risks involved in claiming the incentive e.g. Revenue audits etc. This was not an issue for me as I knew we had a strong case for the credit but I did not have the time or resources to put figures and documents together. I wanted to find a way to claim it with a strong support behind me, so I chose to work with Leyton.
The representation from Leyton was very impressive. Between technical and financial staff, the quality of the people working with Leyton is excellent, very competent and professional. The technical capability of the consultants to come up to speed with our industry and write such detailed and coherent reports was exceptional.
Leyton were extremely thorough and professional in every step of the claiming process. They did all the hard work and took the administrative burden completely off our shoulders. This made the entire process work fluently and efficiently while limiting our involvement and allowing us to stay focused on our core business.
Leyton offer a superior consultancy service. They have an excellent understanding of legislation guidelines and eligibility rules and kept us up to date regularly on any changes or developments. For example, the introduction of the cash payment has been a huge deal for us and to have someone who is aware of these changes and updates us on them as they happen, is very important.
R&D is critical to Logitech and the RDTC scheme is extremely important for us as it enables us to present a strong case to our parent company and keep the research facility here in Ireland.
I now look on Leyton as a strong partner for the RDTC and I would never consider breaking that relationship. They have shown true expertise in their field and have guided us efficiently along the process each year. With the confidence of Leyton behind us, we have claimed all tax owed to us since 2004 and there is no question we were able to make a more accurate and substantial claim because of them.