A bakery that supplies freshly baked produce to retail outlets successfully claims R&D tax credits in this food and drink R&D claim example.
Development of a new range of speciality cake products with unique flavours.
Advance in Science or Technology
To create the new range of cakes the bakery had to develop and test:
- New flavours and recipes
- Textures, taste, colour and mould growth
- Shelf life
The bakery had plenty of baking experience, but they needed to experiment to get:
- The best balance between taste, texture, appearance and shelf-life
- Consistency in colour and flavour
Total Business Benefit
85% reduction in their Corporation Tax rate.