R&D in Zero Waste
Industry Spotlight
How might a zero waste company benefit from R&D tax relief?
Welcome to the world of zero waste! As a zero waste shop company, you're dedicated to promoting sustainable practices, minimising waste, and making a positive impact on the environment. But have you ever considered the role of Research and Development (R&D) in furthering your mission? R&D can be a game-changer for your company, providing numerous benefits that go beyond just reducing waste.
Some examples of projects and activities that could qualify for research and development tax relief include:
R&D can help in the development of innovative and eco-friendly products that align with the zero waste philosophy.
This can involve creating new packaging materials, exploring alternative ingredients or designing reusable and compostable products.
R&D can contribute to the development of sustainable packaging solutions, such as biodegradable or compostable packaging materials, reusable containers or innovative packaging designs that minimise environmental impact.
R&D can help optimize the supply chain processes, reducing inefficiencies and minimising waste at each stage.
This can involve exploring new transportation methods, improving inventory management systems, or implementing smart technologies for tracking and monitoring products.
R&D efforts can focus on finding effective ways to reduce waste generation within the company’s operations.
This can include optimising supply chain processes, implementing recycling and composting systems or developing innovative waste management techniques.
Doing anything innovative or industry advancing?
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Has your company engaged in this type of activity in the past?
If you believe your zero waste store company could benefit from R&D tax relief, please do not hesitate to contact us today.
Our team of experts is here to help you navigate the complexities of research and development tax relief and ensure that you receive the maximum benefit for your innovative work.
Get in touch today to book a FREE discovery call.
R&D Tax Relief
From initial discovery call and information gathering through to claim preparation, supporting documentation and submission. We're your expert partner in R&D tax relief submissions.
RDEC
For larger companies we can support claim preparations under the RDEC (Research & Development Expenditure Credit) scheme, ensuring robust, defensible and maximised claims .
HMRC Enquiry Support
We'll liaise with HMRC on your behalf, ensuring no unnecessary delays on receiving your claim and no unfair reductions. This service is provided as standard for our clients.
R&D Claim Review
If you're making an R&D tax relief claim, our team can help ensure you're compliant with the latest legislation and identify any potential claim uplift. Speak to our team for more information.
Partner Program
If you work with innovative businesses and you're interested in partnering with us to ensure your clients are maximising their R&D tax relief, speak to our partner program lead.
Accountancy Services
Through BC&A Chartered Accountants, we offer a range of accountancy services including company formations, business planning, taxation and compliance services and more.