Find R&D Tax Relief in Food & Drink
AM I ELIGIBLE TO MAKE A CLAIM?
The key questions to ask yourself for any project you have undertaken are:
1. Have you gone beyond “the norm” within your industry?
This could be using new techniques, or re-thinking how something can be achieved because you were constrained by conventional methods. This could be from the types of ingredients used, all the way to the overall process and project management.
2. Have you then had technical uncertainties and challenges in achieving what you have set out to do?
Did you know how you were going to achieve the end goal when you started? Or was it uncertain because of the new or different way were approaching it?
Our client created a menu with different options for all menu items, to cater for
different diets, whilst maintaining a uniform appearance and taste/texture
experience to the ‘standard’ menu options. This took careful thought and
planning, with rounds of testing and refinement. Costs claimed were for time spent by the chef and kitchen support staff in developing the new dishes.
Claim size £7k cash refund from HMRC.
WHOLESALE FOOD PRODUCTION
Our client designed and created a vegan substitute chicken and range of battered products. The recipes and designs were based on traditional Far East dishes but required redesigning to fit in with the western palate.
Claim size £12k cash refund from HMRC.
NEW FOOD PRODUCTS
Our client designed and created vegan energy bars and compostable wrappers for the retail market. The project involved trials, experiments and developments of prototypes.
Claim size £5k cash refund from HMRC.
A bar and events business offering unique experiences, developed a series of new drink recipes to be served at the bar. The project involved reducing calorie content and changing ingredients, whilst enhancing the flavour and experience. This required careful thought and experimentation by experienced professionals. Costs claimed were for staff time spent developing the new products.
Claim size £4k cash refund from HMRC.
If you want to find out if you are eligible, jump on a quick 15 “rule in, rule out” call with our R&D specialist Tim: Book a call
1. Book a call with me: https://southbourneaccountancy.co.uk/contact-us/
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