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3rd July 2023

Produced in Kent Welcome Azets back as an Industry Partner

Flo caught up with Lyn Newbury, Director of Accounts and Business Advisory Services at Azets Ashford to chat about their Industry Partnership with Produced in Kent

We are so pleased to welcome Azets back as an industry partner – why is Azets keen to support the local independent food and drink sector?

At Azets we believe in making a positive change. Supporting local businesses aligns with Azets’ social commitment to sustainability and community involvement. Supporting the food and drink sector is highly important to us and, in turn, supports the important economic development of our community.

Part of your partnership package is providing a 30-minute free consultancy on R&D tax credits to our members – what do you feel are common misconceptions about R&D tax credits?

Many SMEs don’t realise that they qualify for research and development (R&D) tax incentives. One misconception is that R&D tax credits are only applicable to scientific research activities. In reality, R&D tax credits encompass a broader scope of eligible activities.

Most of our members are small and micro businesses – how can Azets serve their interests?

The team at Azets has a passion for helping SMEs across the region, we have extensive experience of the food and agriculture industry and are on hand to offer specialist advice to businesses on a whole range of accounting, tax and advisory matters.

We combine a full suite of practical accountancy and business advisory services with top-level insight. We are uniquely placed to take your daily hassles off your hands, but also use our deep working knowledge of your business and the independent food and drink sector to help you improve, adapt and grow.

Above all, we take a personal, local approach, treating you as an individual and tailoring our services around exactly what you need.

What in your opinion is a major challenge for the food and drink industry and how can Azets help to address this?

The independent food and drink sector often faces unique financial challenges that require specialised expertise. Rising costs of ingredients, labour, and compliance can strain profit margins in the food and drink industry. Azets can assist businesses by conducting cost analysis, identifying areas of inefficiency, and implementing strategies to manage expenses effectively.