Your trusted adviser for R&D Tax Credits and R&D Grants
Daften Die-Casting Ltd

Daften Die-Casting Ltd

Daften Die-Casting Ltd is a UK based specialist aluminium pressure die-casting manufacturer, providing a full in-house service offering that includes tool and component design, tooling manufacture, machine finishing and powder coating.

We’ve been delighted with their approach and expertise

Myriad Associates were recommended to us by a precision tooling company and we’ve been delighted with their approach and expertise. Myriad Associates managed the entire R&D tax credits claim for us from start to finish and only required 2 to 3 hours of our time.

Mark Weedon
Commercial Director

About Daften Die-Casting Ltd

Daften Die-Casting Ltd is a UK based specialist aluminium pressure die-casting manufacturer, providing a full in-house service offering that includes tool and component design, tooling manufacture, machine finishing and powder coating.

The innovation

Daften Die-Casting is at the forefront of aluminium pressure die casting and continually make significant investments into people, state of the art equipment and processes. Daften Die-Casting were unaware that their development activities qualified for R&D tax credits.

How we helped

Myriad Associates undertook a site tour before thoroughly reviewing all of Daften Die-Casting’s potential development projects. Myriad immediately identified considerable levels of eligible R&D activities that qualified for R&D tax credits.

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Myriad Associates' Technical Consultants then interviewed Daften Die-Casting’s technical staff and produced very accurate and detailed technical reports. Meanwhile, Myriad Associates' qualified Cost Accountants analysed Daften Die-Casting’s cost base to capture all claimable R&D expenditure.

The R&D Tax Relief claim was submitted to HMRC for review together with the relevant revised tax returns and computations.

The reward

Myriad Associates ensured that the R&D tax credits claim was processed and reviewed by HMRC within 4 weeks.

Daften Die-Casting were rewarded with a well deserved Corporation Tax Refund. They will be investing this refund back into the business to support on-going development and growth plans.


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