Vantage came to see us and helped us to understand the process and the information needed. They were brilliant. It was very surprising to see someone with such good knowledge, so that was a real advantage, I didn’t have to explain anything at all, which was a godsend.Ian Edwards Fortis Racing & Mode Performance
About Fortis Racing and Mode Performance
Fortis Racing is a manufacturer of specialised racing parts for World Super Bikes and British Super Bikes. Mode Performance is the UK importer for Brembo brake products. Both businesses undertake considerable R&D for motorcycle racing components.
Motorsport Innovation
Fortis Racing produce bespoke fuel tank rear swing arms, which are better suited to racing units. They are all built to customer specification and provide a better performance than what's seen as the standard.
If a particular race team wants a specific brake disc designed, Mode will create a rapid prototype and produce the brake disc for them. Brembo are too big to be able to disrupt their production-line with bespoke production runs, so Mode effectively do the majority of their R&D and low-run production on their behalf.
Why Vantage?
"I hadn't heard of R&D Tax Credits before, but Vantage were highly recommended to me. John came to see me and made it very straight forward and simple. It was very surprising to see someone with such good knowledge, so that was a real advantage. I didn't have to explain anything at all, which was a godsend" explains Ian Edwards.
The reward
"The scheme has brought great benefits, not just to our businesses. Our customers come to us with specific needs to suit a specific motorcycle and we're able to give them exactly what they want."
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"R&D tax credits have massively helped my business to move forward. Due to the confidence I have in Vantage R&D, I can plan the R&D credits as part of my cashflow forecasting.."
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"Vantage were recommended to us by another team in the Superbike paddock that we've worked with on chassis development. There was an instant synergy with the consultant, John."
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"We knew about the scheme in general terms but never considered a motorsport business might be eligible, despite our significant budget for development work.."
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"I had never heard of R&D Tax credits before, but we contacted Vantage after they were highly recommended to us. We weren't disappointed. Not with the process, the service or the results."
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"As a motorcycle race team, the business is primarily involved in road racing, but we're always working on new ways to make our bikes faster and ultimately, for the team to improve."
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"Research and development is at the heart of the business and R&D tax credits have provided valuable funding worth over £150,000 in the past two years."
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"R&D Tax Credits proved to be a big benefit to our business and really helped the team with finances to move forward and stay at the top of our game."
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"We've actually been developing since the early '80s, but we had no idea we'd been able to claim some of this spend back until we got talking to the people at Vantage. "
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“We’ve already managed to claim just over £20,000 in tax credits from HMRC in two years."
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"Working with John and the team at Vantage has been a fantastic stress-free process, which allows us to continue pushing our engineering boundaries."
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Vantage made it very straightforward for us, even going through hundreds of invoices manually to make sure every cost was correctly allocated. Nothing was too much trouble, and the levels of diligence
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