Transformation and technological development are daily challenges for companies in the winery sector. However, resolving many of these technical challenges often qualifies as research and development from a tax perspective. What’s more, if you’re undertaking any sort of new product development (NPD), you’re more likely to be eligible for generous tax relief.
What counts as R&D?
If your business is involved with any of the following areas and you are not already claiming R&D tax relief, then it’s likely that you could be.
Projects that may qualify for R&D tax relief include:
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Developing new or improving bottling, corking, and packaging processes
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Developing new or improving filtration and fermentation techniques
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Testing/researching grape strains for new flavours/tastes
- And many more…
Our specialists can help you make a successful claim
Ayming has the expertise to review the time tracking, contractual agreements, and other industry-specific documentation to deliver accurate results.
Our industry-specific consultants have hands-on experience and knowledge of the Wineries & Vineyards sector. We always take the time to truly understand how your company innovates so that we can expertly identify all qualifying expenditures to help you make a successful claim for R&D tax credits.
We’ve put together a handy, streamlined summary of research and development in the Wine & Vineyards industry.
This whitepaper covers
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What counts as Research and Development
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How our experts can help you
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Why you should choose Ayming for R&D claims
- And much more…
Download your free copy today to learn more about building your business with R&D tax incentives.
