Industry SectorFood & Drink
Food and Drink R&D Tax Relief
The development of food and drink has been around since time began; this doesn’t mean that new advances are not being made every year.
As new diets are researched in greater detail, allergies and their causes are understood further, the evolving commercial nature of on the go food or uniquely tasting drinks companies are undertaking more and more R&D, which could qualify for R&D tax credits.
If we consider a few examples,
Development of increased shelf life solutions through R&D often will qualify for relief.
Scaling up of kitchen tests. Many foods are capable of being made in small kitchen tests environments. The scaling up of the process where tonnes as opposed to a few kilos of ingredients are being processed is often a development programme in itself.
Why not contact our team today for a free of charge consultation to examine if your R&D projects qualify.
Ready to apply?
If you’re ready to apply for R&D tax refund, please call us on the freephone number below or use the contact form and one of our helpful team will be in touch to help.
By completing the above contact form you consent that Tax Bright can contact you with regard to an R&D Tax Credits claim and use your details during any future claims.