We use innovation to your benefit
As a company operating in the food development sector, involved in innovation projects such as developing new products or processes, you may be eligible for R&D tax credits.
What are R&D credits?
R&D tax credits are one of the most attractive government incentives available at the moment, often resulting in significant cash repayments from HMRC.
They are designed to encourage innovation and global competitiveness by allowing companies to reclaim some of the money invested in qualifying research and development.
What are the benefits?
You can claim up to 33p for every £1 spent on qualifying R&D activities if your company is loss-making.
If you’re making a profit, then you could claim up to 26p for every £1 spent on qualifying expenditure.
How you can claim?
whatever brands have partnered with innovation funding specialists ABGI-UK, who provide R&D tax relief assistance for UK businesses. ABGI-UK has a proven track record in making successful R&D tax relief claims.