Ostique is a health tech start-up focused on transforming ostomy care by creating high-quality, innovative products for people with stomas. Ostique aims to improve the lives of ostomates, addressing both the functional and emotional challenges associated with wearing ostomy bags. Ostique’s mission is to revolutionise the traditional ostomy products that have seen little change over the years. Ostique supports a community of ostomates, helping to create a network of support and shared experiences.
After receiving a HMRC Enquiry letter, Ostique sought support from TBAT Innovation. The TBAT R&D Tax Credits team reviewed all existing financial and technical information and put together the outstanding necessary evidence to show HMRC that qualifying R&D had taken place. This entailed baseline research to show how several knowledge gaps had been addressed by Ostiques R&D and research into scientific papers to support Ostique’s claim that technological uncertainty was present when processing new materials. When the time came, TBAT liaised with HMRC to discuss the R&D projects in depth which resulted in the closing of the compliance check.
‘We engaged TBAT Innovation Ltd. to assist us in resolving a complex R&D tax credit claim dispute with HMRC, and we couldn’t be more pleased with the support and outcome they delivered. From start to finish, the team at TBAT demonstrated exceptional professionalism, deep expertise, and meticulous attention to detail that proved instrumental in securing a successful resolution.
TBAT’s extensive knowledge of R&D tax credits and HMRC procedures was evident throughout the process. They provided clear, comprehensive guidance on each step, handling all communications with precision and diligence. Their proactive approach and thorough understanding helped us navigate what could have been a daunting process with remarkable ease and confidence.
Beyond their technical expertise, TBAT is a fantastic group of people to work with. Their team was friendly, professional and genuinely committed to helping us achieve the best possible outcome. We are grateful for their support and would highly recommend TBAT Innovation Ltd. to any company looking for expert assistance with R&D tax credits or similar initiatives.’
TBAT’s extensive knowledge of R&D tax credits and HMRC procedures was evident throughout the process. They provided clear, comprehensive guidance on each step, handling all communications with precision and diligence.
Stephanie Monty - Founder & CEO