Many companies do not consider filing for SR&ED because they do not believe they qualify. While it is true that altering a recipe by itself does not constitute SR&ED, many companies in the food and beverage industry do have eligible projects. Companies often need to strike a careful balance between flavour and nutrition, or achieve an acceptable quality of product with different ingredients (example: the growing gluten-free food industry is full of challenges which qualify for SR&ED). Food and beverage companies spend time and materials experimenting, which all too often goes unclaimed.

Consider whether you do any of the following:

  • Developing new products, recipes, and/or packaging
  • Improving shelf life and durability of products
  • Making products more nutritious and more appetizing
  • Systematically improving food safety
  • Producing samples for sensory evaluation
  • Improving speed of processes and products while remaining consistent
  • Improving consistency
  • Scaling up production
  • Reducing waste

SELECTED CLIENTS:

Rose Reisman Catering
sr&ed tax refund lake brewing Lake of Bays Brewing Company

Whether your company is improving the efficiency of its large-scale food processing, testing for longer shelf life or working to meet myriad regulations (Health Canada, the FDA, HACCP etc.), SRED Unlimited can help you find activities and expenses that qualify, and we can help you maximize your claim.

And if you operate a brewery, SRED Unlimited has worked extensively with them. Check out our Testimonials below for Lake of Bays Brewing Company and Flying Monkeys Craft Brewery.

Maximize your SR&ED for Food and Beverage tax credit and refund claim