R&D tax credits in the agricultural industry
Agriculture is one of the most critical industries in the UK, bringing significant technological and logistical challenges. Consequently, there is an ever-growing need to innovate and develop operational efficiency and cost control. The Government-funded R&D tax relief scheme encourages innovation within the agriculture sector by offering rebates or tax relief of up to 33% of qualifying expenditures.
Crucially, your project does not need to have been commercially successful to be eligible to claim against.
Not all development activities qualify under the R&D tax credit scheme, so knowing the eligible expenditure is critical. This is where our specialist consultants come in. We'll do the legwork uncover every penny of eligible expenditure across your innovation projects relating to machinery, feed, welfare, product yield, operational efficiency, 'green' credentials, irrigation, health and safety and many more.
By using Yuzu Group as your R&D tax credit claim specialists, you will achieve maximum benefit from the scheme and reward your risk and innovation.
