Research and Development Tax Credits Claimed: £122,500 Case Study – Penny Price Aromatherapy R&D Claim Totalled £122,560.00 Total Tax Saving £30,640 Refund of Tax Generated Penny Price Aromatherapy and the Academy of Aromatherapy and Health Studies was founded by Penny Price in May 2003. The company provides both Aromatherapy Training Courses and Aromatherapy Products. Penny initially spent most of her time hand-blending every recipe until the aroma and the consistency of each aromatherapy product was just right. Over 400 different aromatherapy products, falling into about 11 ranges – some for babies, some for men, some skincare, some therapeutic were developed. She also wrote and published the course material needed for the Academy and the IFPA accreditation in order to

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