PACKFLEET R&D SUCCESS WITH ZYLA

How Zyla Accountants deliver successful R&D Tax Relief for Packfleet.

Industry: Couriers and Delivery services

THE JOURNEY

Packfleet was founded in March 2021 and started working with Zyla Accountants that same year in June 2021.

The company is disrupting the courier industry by combining a top-notch delivery service with advanced technology to offer a carbon-neutral delivery experience like no other

Packfleet has developed their own delivery system to be able to optimise delivery routes on a live basis. In addition, they have built their platform to focus on a customer centric delivery system with live updates to customers while their delivery is on route.

Packfleet Screenshot

THE PROCESS

  • Year End Accounts produced to 31st March 2022

  • Initial R&D meetings with COO of Packfleet in May 2022

    • Zyla discuss the projects undertaken by the company in the year

  • A cost analysis is then created, a percentage of staff costs is discussed, software qualifying as R&D is highlighted, and detail is prepared for Packfleet's technical narrative.

  • Zyla produce a draft technical narrative in June 2022 utilising it’s internal template designed in-house.

  • Zyla submitted R&D Tax Credit claim and Packfleet received their R&D Tax Credit cash repayment within 2 months.

Monitor screen - The Process R&D

The Result

  • R&D Tax credit received by Packfleet within 2 months

  • Cashflow boost - providing important inflow following the financial year end

  • Accounts filed and Corporation Tax return filed in a timely and appropriate timeframe post year end.

Josh Garnham

“Sorting the R&D process with Zyla was simple & easy. They took care of the time-consuming parts, understood our business and all I had to do was hop on a call to confirm some details and we were quickly good to go!.”

Packfleet
Zyla Accountants R&D

Get the rewards for your innovation. grow YOUR BUSINESS with ZYLA.

  • Experts in research and development

  • 5 years of filing experience

  • A transparent, cost-effective pricing system

  • End-to-end support and easy onboarding

  • Xero & Google Sheets cloud based platforms

  • No payment until funds are received

  • There are no additional charges for HMRC enquiry support

Contact us today on 0203 468 2241 for support with your claim.