Background: Founded in 1968, TBS Engineering is a world-leader in producing automatic machinery for the lead acid battery industry.

How we helped: When Patent Box was first introduced, Hazlewoods explained the intricacies of the legislation to TBS and how this
could apply to the company’s assembly line sales. Due to the complexities involved, Hazlewoods arranged a meeting with HM Revenue and Customs at the company’s premises to discuss and agree its conclusions.

Jon Curtis, Group Finance Director of TBS Engineering Limited, said: “Hazlewoods made a complicated claim process relatively straightforward for us. After initial discussions to understand how the patented items incorporated into our products, Hazlewoods liaised directly with HMRC on our behalf to ensure that all relevant income was fully captured. The services provided to us in respect of R&D and Patent Box reliefs has been invaluable.”