A leading brewer of fine ales which had seen rapid growth and expansion instructed PBS to investigate their position in regards to eligibility for an R&D claim.
R&D was identified within the project activity associated with the development of a bespoke water treatment facility. There was R&D within the in-depth analysis undertaken of the local environment to determine a safe place for water distribution, and also within the testing of the water to ensure PH levels and any chemical treatment had been effective and safe.
R&D was also identified through advanced recipe formulation, where a project was undertaken with the intention to achieve a distinct flavour – this enabled an advance in product knowledge for a number of staff members.
Annual Turnover (2013) – £3,000,000
R&D Additional Costs (2013) – £33,615
Client Benefit (2013) – £6,723
Annual Turnover (2014) – £3,000,000
R&D Additional Costs (2014) – £54,467.50
Client Benefit (2014) -£17,616.60
Both the above claims submitted in succession due to R&D legislation allowing us to go back two open tax years = £24,399.60 Client Benefit, further annual benefits to follow. The client benefit is expected to rise again for the 2015 claim.