Forest Industry

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Research & Development in Forest industry

The forest industry is a major global exporter of pulp, paper, and sawn timber, with many people directly employed in the sector. Despite its traditional nature, significant investments are made each year in forest research by universities, colleges, institutes, and forest companies to improve efficiency and sustainability. Due to the high volume of R&D involved in this sector, forest companies are ideal candidates to take advantage of the generous Research & Development (R&D) tax relief scheme.

Examples of R&D activities in Forest industry:

  • Enhancing or modifying a product or process to increase its efficiency and durability
  • Develop the uses of wood and find new uses of wood from a bio-economic perspective
  • Adapting forests and preparing for the future of forest resources
  • Creating innovative algorithms to accurately estimate tree populations
  • Developing specialized IT tools to support these initiatives

About Leyton

At Leyton, we leverage our expertise in innovation funding to offer a comprehensive tax relief claim service. From the initial consultation to the realization of benefits, our experienced tax professionals work closely with you as a business, guiding you through the R&D tax relief scheme and compiling the necessary technical reports for claim submission. This approach ensures a seamless process for you as a client.

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