The Food & Drink industry has a widely integrated life-cycle with many aspects such as recipes, bulk manufacturing, packaging, distribution and shelf-life having to come together to satisfy consumer demand. These are often overlooked as involving R&D activities when more often than not, they do.
Food & drink manufacturers are often having to improve their products in various aspects by employing scientific principles, trials, research, and development.
Although seeming like run-of-the-mill standard practices, due to the evolving standards and regulations, as well as consumer demand, existing products are having to be constantly improved which means having to conduct R&D intensive activities to comply and achieve desired results.
However, it doesn’t stop there. From food safety to new products, manufacturing adaptations to new packaging, there are an array of qualifying activities we can help you identify, such as:
Food science projects vary greatly in size depending on the resources spent on them however claims of anything from £10,000 – £500,000+ for bigger manufacturers.
It was a pleasure working with the guys at Bonham & Brook, especially considering that, with the wealth of knowledge backed up with the expertise of an ex HMRC officer, we had confidence going ahead with a claim for the first time. After successfully receiving a substantial refund, we would not hesitate doing another claim and, it goes without saying, Bonham & Brook will be our preferred partners going forward. Thank you, again.
We worked with the team at Bonham & Brook on the R&D claim that we were unaware of. To our surprise they made the whole process seamless and we received our refund from HMRC. We will definitely be using B&B again for our R&D claim to help us grow our business.
At first I believed that R&D tax credits were a little too good to be true or that my company would not be applicable. Jenson, Hannad and the team's expertise and experience reassured and guided me through the process. I had to put in approx. 1 - 2 hours work and they did the rest of the application. The first time we worked together they were able to claim for the previous 2 years, so we received a bumper double rebate. This money has helped us grow the business by having the cash to grow the team and increase our marketing budget. My business has grown thanks to their work, so I am eternally grateful.
Managing & Creative Director
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