PM_SEPT_OCT_2025_Issue 356

67 www.printmonthly.co.uk September / October 2025 - Issue 356 experimentation. Here are some common examples of qualifying activity: • Adapting machinery to work with novel or recycled materials • Developing or improving pre-press automation • Testing new finishes or ink systems for durability or colour consistency • Creating bespoke software to streamline customer workflows As one of our clients Signbox shared: “The tax relief we accessed gave us room to push boundaries with our materials and formats. It enabled us to take risks we might have otherwise avoided.” These are the kinds of behind-thescenes innovations that HMRC wants to support through the scheme. Why 2025 is a Turning Point While the scheme remains generous, the rules have become more stringent. This year, three big shifts are affecting how businesses approach their claims: Claim notification form: First-time claimants (or those who haven’t claimed in the past three years) must now submit a notification within six months of their yearend. Miss it, and the door to claiming could be closed. Tighter HMRC scrutiny: Following rising concerns about abuse of the scheme, HMRC has increased compliance checks. It’s now common for claims to face questions or even full enquiries. That means documentation, justification, and methodology matter more than ever. Subcontracted R&D: If you’re a supplier doing R&D for another business, or vice versa, the new rules on who can claim what has changed. It’s vital to understand the impact before submitting a claim. As the 2025 Spring Budget highlighted, the government remains committed to R&D incentives but is demanding a higher bar for evidence and integrity. Working with a specialist which understands both the print industry and the scheme’s compliance expectations is key. Client Stories: R&D in Action Across our portfolio, we’ve worked with leading names in the print sector to help them unlock value from their innovation. Imageco has been at the forefront of sustainable large-format printing. Its investment in eco-friendly substrates and low-impact finishing techniques involved significant experimentation – exactly the kind of activity the scheme supports. RMC Digital has enhanced its fabrication and digital workflow systems to meet bespoke customer needs at speed. Its claim helped fund further improvements to production throughput and customisation capabilities. Augustus Martin, one of the UK’s many point-of-sale specialists, has invested in continuous process innovation to maintain quality and efficiency at scale. As RMC Digital put it: “We didn’t realise how much of what we do could qualify – it’s now a key part of our funding strategy.” Why Quality Matters With HMRC under pressure to clamp down on spurious claims, quality and compliance aren’t optional – they’re essential. At Kene, we follow the R&D Community’s Good Practice Standards, ensuring our clients’ claims are both robust and defensible. That means; no inflated eligibility promises, clear documentation of qualifying work, and claims that withstand HMRC scrutiny. But it’s not just about paperwork, it’s about people. Our team includes sector specialists, technical writers, and former HMRC reviewers who know how to translate the nuances of your projects into HMRC’s definition of R&D. That means your claims are not only maximised but properly aligned with compliance standards. If your previous claim was based on vague descriptions or generic templates, now is the time to re-evaluate. What Should You do Next? If you’re a print business innovating in any way, from process to product to software, it’s worth reviewing the past two financial years. You could be sitting on a valuable claim. Here are some practical next steps: • Check whether your team tackled technical challenges in recent projects • Review whether your accountant or advisor asked the right questions about R&D • If you’ve received questions from HMRC, consider a compliance review to strengthen your position As one client put it: “It’s not just about the refund – it’s about recognising the innovation we already invest in.” With smart, compliant support, the R&D tax relief scheme can become more than a year-end boost. It can be a strategic tool to fuel the future of your business. We didn’t realise how much of what we do could qualify – it’s now a key part of our funding strategy ACCESSING R&D TAX RELIEF | KENE PARTNERS ▲ [L to R] Print manager, Sam Pratt, and managing director, Nathan SwinsonBullough, both from Imageco, alongside their new HP Latex 830W ▲ RMC Digital Print says it didn’t realise how much of its spending could qualify for R&D funding For More Information For more information on how Kene supports the print industry with R&D claims, or to check your eligibility, visit kene.partners

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