Agriculture
Adapt and Lead
Services R&D Tax Sectors Agriculture
It has been a increasingly difficult time for UK farmers be it uncertainties arising from the transition from the EU’s Common Agricultural Policy (CAP) to the UK’s Environmental Land Management Scheme (ELMS) or soaring fertiliser costs due to inflation and the Russia-Ukraine conflict, with goal posts ever moving many forward thinking farmers are looking to innovate and get ahead of the curve.
What is apparent is that R&D is increasing within the sector, with the emergence of vertical farming, the integration of newer technologies such as sensors and drones for better detection, use of data analytics to drive better yields and overcoming regulatory changes such as peat-free compost, here we take a dive into R&D tax opportunities in the agriculture sector.
Construction Sectors
What Qualifies for R&D Tax credits in the Agricultural sector?
What we do for you
How We’ll Support You
Our R&D tax team specializes in aquaculture and fishing. We utilise industry experts, PhD engineers, construction manager, ex-HMRC inspectors and a Chartered Accountant to ensure a comprehensive review of your projects. Our services include:
Identifying the appropriate scheme for your business.
Conducting a comprehensive review of your R&D activities to maximise your claim.
Taking the burden of report writing to free up your time.
Preparing a claim that minimises the potential of losing tax benefits if HMRC queries are raised.
Offering unrivalled HMRC dispute resolution headed by one of the UK’s leading R&D Tax compliance expert.
Protect and Prosper
Safeguard Your R&D Tax with InnoFund
01
Analysing previous R&D and benchmarking it against the baseline of your industry
02
R&D lifecycle management consulting and R&D road mapping to increase your chances of innovation and the size and security of R&D claims in the future
03
Safeguard future R&D relief by strategically reviewing your current operations to maximize benefits under available R&D funding options.
04
Visualise the value of a future tax benefit with upcoming R&D projects and allow commercial teams to tender for work more competitively
Complete R&D Solutions
Additional Incentives and Support
Agricultural businesses should explore all R&D incentives, from tax credits and grants for product development work to Research and Development Allowances (RDA) for capital spend on prototype systems and patent box for sales or licensing of protected technology.
We also help identify other sources of R&D support and plan your R&D strategy considering available incentives and grants. Our holistic approach ensures continuous support throughout the business lifecycle, not just during claim preparation process.
