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Strip Tinning Receives £698k R&D Tax Credit Payment

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Strip Tinning Receives £698k R&D Tax Credit Payment

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The latest update is out from Strip Tinning Holdings plc ( (GB:STG) ).

Strip Tinning Holdings plc has received a payment of £698k from HMRC for its FY22 R&D tax credit, which is more than previously notified. An additional £122k remains outstanding, and the company is in discussions with HMRC regarding this amount. The FY23 R&D tax claim payment is expected in the second half of 2025.

More about Strip Tinning Holdings plc

Strip Tinning Holdings plc is a leading supplier of specialist connection systems to the automotive sector.

YTD Price Performance: -55.84%

Average Trading Volume: 32,766

Technical Sentiment Signal: Buy

Learn more about STG stock on TipRanks’ Stock Analysis page.

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