Datafox specialises in R&D Tax Credits for those in the Bottled Cocktails industry
Bottled Cocktails Industry
Datafox specialises in delivering R&D Tax Credits for those within the Bottled Cocktails industry.
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The alcoholic beverage market in the UK is estimated to reach $54.9 billion by 2025. While traditional alcoholic drinks like wine, whisky, beer, and others, still dominate this market, there are certain relatively newer additions that are slowly gaining more prominence. Although not a modern concept, pre-batched cocktails have recently become all the rage as the demand for cocktails has dramatically increased. Even in bars and restaurants, bartenders are opting to serve pre-mixed, bottled cocktails instead of mixing and making them on the spot. This has led many cocktail connoisseurs to turn their passions into viable businesses that manufacture and distribute pre-batched, bottled cocktails.
Producing bottled cocktails is not as straightforward as producing other alcoholic beverages. Depending on the types of alcohol used, their concentration, and the ingredients used for mixing like sugar syrup, lemon juice, certain sauces and spices, pre-batched cocktails need to be bottled appropriately in order to preserve their freshness, taste, and quality. Bottled cocktail makers also face other challenges such as following the correct distillation and filtration process, choosing the right ingredients, and ensuring the product has a reasonable shelf-life, to name a few. These independent bottled cocktail makers often conduct ground-breaking R&D in developing a product that meets all the taste, quality, and safety requirements, without realising that their innovation could be eligible for an R&D tax relief.
If your business has conducted research and development of any scale within the beverage industry, including bottled cocktails industry, it could potentially qualify to receive thousands of pounds in R&D Tax credits. Some of the areas that could be eligible are:
- Creating drinks using unique ingredients and combinations
- Developing new distillation and filtration methods
- Improving existing production methods and procedures
- Extending the shelf life of the bottled cocktail
- Developing improved bottling and packaging techniques
- Altering the sugar or alcohol content without impairing flavour
- Eliminating artificial preservatives and additives
- Using innovative technology and automation for manufacturing and distribution
Why Choose Datafox for Bottled Cocktail Industry Related R&D Tax Credits?
Datafox specialises in the bottled cocktail industry. Our team of experienced R&D Tax experts have helped businesses within the alcoholic beverage industry make successful claims in the past and can help you get the maximum cashback possible for your innovation. Our claims process is extremely transparent, and we will keep you informed of the progress at every stage. You can rest assured that your R&D Tax claim is in safe and able hands, as we work on a no-win-no-fees basis with no upfront cost.
Innovative Bottled Cocktails
Bottled cocktails are not only difficult to make but also difficult to store and maintain. Any businesses operating within this industry must conduct vital R&D in order to find innovative ways of making great quality bottled cocktails and distributing them efficiently. Regardless of the scale of your business, we’ll be able to help you make a strong and effective R&D Tax credit claim for any innovation within this industry.
Ready to apply?
If you’re ready to apply for your R&D tax refund, please call us on the freephone number below or use this contact form and one of our helpful team will be in touch to help.
By completing the above contact form you consent that Datafox can contact you with regard to an R&D Tax Credits claim and use your details during any future claims.
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