R&D Tax Credits for the Catering & Hospitality sector

The food and hospitality sector plays a large part in driving the UK economy and employs in excess of 400,000 people nationally. The industry is driven by consumer behavior and preferences and so the need for innovation for companies that deal in catering and hospitality is of paramount importance. The food & drinks industry in the UK is constantly evolving to ensure that consumers expectations are met. The financial investment that this industry demands is crucial to its future success, this expenditure can run into millions of pounds for many companies that operate in this industry.

At R&D Tax Incentives Ltd, we can advise you on the expenditure that can qualify for tax relief under the R&D Scheme and this includes the categories of expenditure as listed below.

Staff Costs
Subcontractors
Consumables
Software Costs