More and more, we are finding that businesses in the farming and agricultural industry are unknowingly engaging in R&D activities on a daily basis that could qualify for significant R&D tax relief.
Below are some areas which could be considered as research and development in the farming and agricultural sectors:
Our specialist consultants are experienced in identifying which costs could qualify for R&D tax relief, which is a government scheme supporting innovation for UK SME’s. Many businesses which we speak to all too often believe that research and development encompasses projects carried out in a laboratory. However, that is a big misconception.
If you carry out any of the work mentioned in this article or have done so in the past, then a quick phone call with one of our Consultants will help you realise whether you qualify for R&D tax credits. Projects outside of the above list may also qualify.
You can get in touch with one of our Consultants at 0800 195 7516.
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