Who We Are:

Swanson Reed is one of the only companies in the United Kingdom to exclusively focus on R&D tax relief preparation. Swanson Reed provides R&D tax credit preparation and audit services to all the region.

If you have any questions or need further assistance, please call or email our CEO, Damian Smyth on (000) 000-0000. Feel free to book a quick teleconference with one of our national R&D tax credit specialists at a time that is convenient for you.

Are you eligible?

R&D Tax Credit Eligibility AI Tool

Why choose us?

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Why choose us?

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Textiles, Clothing and Footwear Industries and the R&D Tax Credit

Small businesses in the Textiles, Clothing, and Footwear industry can significantly benefit from the Research and Development tax credit by offsetting costs associated with developing new materials, improving manufacturing processes, or designing innovative products. Activities like testing novel fabrics, streamlining production lines, or creating sustainable solutions qualify. Crucially, the payable cash credit from HM Revenue and Customs allows eligible businesses to receive a direct refund, providing a valuable cash flow boost, particularly for early-stage companies, even if they aren’t yet profitable. This frees up capital to reinvest in further innovation and growth. For more information contact your local Swanson Reed representative.

Never miss a deadline again

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Stay up to date on IRS processes

Discover R&D in your industry

Live Webinar: The R&D Tax Credit in the Textiles, Clothing and Footwear Industries 

Duration: 60 Minutes

Learning objectives include:

  • An overview of R&D Tax Credits
  • Identify Qualifying Research Activities
  • Define the 4-Part Test
  • How to substantiate activities through documentation
  • Identify Qualifying Research Expenses

Cost: FREE

CE/CPE credits:          Worth one hour

Knowledge Level:      Basic*

Field of Study:            Taxation

R&D Tax Credit Training for the Textile Industry

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Upcoming Webinar

 

R&D Tax Credit Releif Services

Swanson Reed is one of the only companies in the United Kingdom to exclusively focus on R&D tax relief preparation. Swanson Reed provides R&D tax credit preparation and audit services to all the region.

If you have any questions or need further assistance, please call or email our CEO, Damian Smyth on (000) 000-0000.

Feel free to book a quick teleconference with one of our national R&D tax credit specialists at a time that is convenient for you.

R&D Tax Credit Audit Advisory Services

creditARMOR is a sophisticated R&D tax credit insurance and AI-driven risk management platform. It mitigates audit exposure by covering defense expenses, including CPA, tax attorney, and specialist consultant fees—delivering robust, compliant support for R&D credit claims.

Our Fees

Swanson Reed offers R&D tax credit preparation and audit services at our hourly rates of between £195 – £395 per hour. We are also able offer fixed fees and success fees in special circumstances. Learn more at Our Fees