Packing a punch at Qualvis
Qualvis Print & Packaging, a leading manufacturer of printed cartons in the UK, has enjoyed a sizeable benefit from HMRC, having taken advantage of the Government’s Research and Development (R&D) tax relief scheme in partnership with Jumpstart.
A family owned company based in Leicester, Qualvis supplies companies such as Marks & Spencer, Waitrose and Tesco with quality packaging across a range of sectors – including cosmetics, multimedia, household and food.
The company has continued to reinvest in its facilities and processes over the years, helping it find innovative ways to stay at the forefront of design and printing in the UK.
However, it wasn’t until Qualvis spoke to the Jumpstart team that the company realised what it was missing out on.
“We weren’t aware of the full scope of the R&D tax relief scheme until Jumpstart delved into our projects and had a look at what we were doing,” said Richard Pacey, Creative Design Director at Qualvis.
Jumpstart’s technical team explained their procedure and what they would need in return to Richard, who had thought the process on his end would be difficult, cumbersome and “not worth the return.”
However, Jumpstart explained that as Qualvis had maintained its project management and timing records, it would become a matter of attributing costs to the time spent on each applicable part of a project – something Richard found “easy to put together.” It took Richard an afternoon to complete the task.
“We thought innovation meant your product had to be ‘groundbreaking’ in some way, but it turns out that our day-to-day operations were adding to the UK’s knowledge economy,” said Richard.
A useful tool for our business
Despite thinking everything in the print industry was now standard practice, with Jumpstart’s help, Richard was able to look across the entire business for any technical developments that may be deemed as innovative and falling under the banner of R&D.
This collaborative approach has helped to change Richard’s perception of what R&D tax relief is and the effort involved on his team’s part.
Reflecting on the Jumpstart process, Richard said the entire process was easier than what you would initially expect. “The technical team understood what we were talking about; they asked the right questions and we could answer them simply, without any hassle,” he said.
Summarising his experience with Jumpstart, Richard commented: “I now see the R&D tax relief scheme as a useful tool for our business. It has allowed us to ultimately drive a better customer proposition, as well as benefitting our bottom line.
“You can gain more from it than what may you may think."
Richard Pacey, Creative Design Director, Qualvis Print & Packaging
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