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R&D Tax Relief – Food for Thought

UK food manufacturers often qualify for R&D Tax Relief – here’s an example for an ice cream maker…

Ice Cream Maker gets £142k over 3 years in R&D funding…

The company specialises in unusual ice cream flavours.

Case study snippets:

  • Blue-sky thinking to extend the range leads to research and experiments to create new all-natural flavourings.
  • The base product is varied with small test batches made to develop all-natural recipes that meet taste, texture and price requirements.
  • The most promising recipes undergo large scale manufacturing trials to check production to check production viability.

R&D Claim Value

Year 1 = £50,900
Year 2 = £48,300
Year 3 = £43,100

www.randdtax.co.uk

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