Signly Limited, headquartered in Lockerley, Hampshire, is a leading developer of assistive technology solutions for the d/Deaf community who utilize British Sign Language (BSL) in the UK.
Signly’s Sign Language as a Service (SLaaS) enhances accessibility for Deaf sign language users:
- On-screen sign language translations on webpages.
- Ensuring compliance with the Equality Act 2010, National Strategy for Disabled People, Web Content Accessibility Guidelines, and Public Sector Bodies Websites and Mobile Applications Accessibility Regulations 2018.
- Empowering major organizations such as Microsoft, DeafBlind UK, and Lloyds Bank to exceed compliance requirements and better accommodate Deaf sign language users through Signly’s ground-breaking platform.
- Leveraging Microsoft Azure to provide a fully managed Sign Language as a Service (SLaaS) solution with minimal coding required by the website owner.
Qualifying R&D Expenditure:
Signly identified multiple areas of R&D expenditure eligible for inclusion in their tax credit claim. A portion of two team members’ salaries, who were responsible for project management and software development, was included. Additionally, relevant costs associated with external specialists, engaged to fill gaps in in-house expertise, were incorporated. Other software development expenses, such as ensuring timely translation requests and creating an app for QR codes, were also considered.
Tax Relief Scheme Selection and Outcome:
HMRC offers two primary R&D tax relief schemes: the SME scheme for smaller businesses and the Research and Development Expenditure Credit (RDEC) scheme for larger businesses. After conducting a thorough review of Signly Limited’s operations and R&D activities, the SME scheme was deemed suitable. Consequently, the company realised a substantial cash benefit.
Signly Limited’s successful R&D tax credit claim highlights the importance of understanding and leveraging available tax relief schemes. By collaborating with R&D Taxbox, the company was able to secure valuable financial benefits, enabling it to continue developing and implementing innovative solutions for the d/Deaf community.
Signly has developed some fantastic solutions, and we were able to understand their business and the qualifying R&D expenditure to ensure they could claim back all the eligible R&D costs involved in the projects.Jon Goodier, Director at R&D Taxbox
Mark Applin, Managing Director at Signly, expressed gratitude for Jon’s expertise, stating, “Thanks to Jon’s exceptional knowledge of the R&D process and understanding of our business, we were able to ensure we could maximize our R&D tax credit claim.”