R&D Tax Credits for the

Food & Drinks Industry

 

We have experience working with Food & Beverage companies, identifying suitable

innovation funding and incentive solutions for their businesses.

ABGi Ireland: Specialising in R&D Tax Credit for the Food & Beverage Industry

 

The Food & Drink sector is a hotbed of research and development, with companies consistently exploring new avenues. These pursuits range from developing innovative recipes and adapting to environmental shifts to implementing cutting-edge production techniques. Such initiatives are prime candidates for R&D tax relief, a financial incentive that can be reinvested to drive business growth and stimulate further innovation.

 

 

 

Eligible R&D Activities in Food & Drink Industry

 

– Innovation in Products and Packaging: Crafting entirely new products or designing novel packaging solutions.

– Technological Advancements: The design, development, or enhancement of manufacturing technologies and processes.

– Quality and Safety Enhancements: Initiatives aimed at reducing spoilage, waste, or contamination.

– Health-Conscious Modifications: Altering the properties of food and drink for health benefits while preserving sensory attributes like taste, appearance, smell, and texture.

– Shelf Life Extension: Reformulating or altering production processes to significantly improve product shelf life.

Consistency in Liquid Products: Perfecting processes to ensure even distribution of particles in liquid products, meeting both nutritional standards and clean-declaration requirements.

Research in Storage and Packaging Atmosphere: Expanding knowledge on how different atmospheres and packaging affect a product’s appearance and sensory properties over time.

Bread Fermentation Techniques: Exploring the impact of various fermentation methods on the shelf life of bread crust.

Seasonal Production Challenges: Tackling technical difficulties in production processes arising from seasonal variations.

Production Efficiency: Introducing or enhancing production techniques to substantially increase production speed.

 

 

Why Choose ABGI. Ireland for R&D Tax Credit?

 

As R&D tax credit experts, we specialise in identifying and maximising tax incentives for innovation, specifically in the Food & Beverage industry. Our services include:

 

– R&D Tax Credit Calculation and Claiming: Expert assistance in determining your eligibility for R&D tax credits and guiding you through the claiming process.

– Comprehensive Tax Credit Consulting: In-depth consulting services covering various aspects, from R&D tax credits to specific sectors like technology, manufacturing, software development, engineering, and pharmaceuticals.

– Maximising Benefits: Strategies to maximise your R&D tax credit benefits, tailored for businesses of all sizes, including small business R&D tax credit opportunities.

 

Leverage ABGI.’s proficiency in R&D tax credit to fuel your innovation and sustain growth in the Food & Beverage sector.