Agriculture is Full of Innovation – Don’t Miss Out on the Potential Cash Back To Which You Could Be Entitled

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For the last 20 years, the R&D Tax Relief scheme has awarded billions of pounds to companies that have spent time and money seeking advancements and overcoming unique scientific or technological uncertainties.

Many UK farming businesses are eligible for R&D tax credits but are missing out due to misconceptions that eligible activity is limited to laboratories and pharmaceuticals.

This couldn’t be further from the truth. Qualifying activity spans across the whole of the agricultural sector, and the majority of eligible R&D activities within farming might not always be obvious.

We are in the process of making a claim for a calf rearing unit. Pig, beef, dairy and arable units are likely to also receive funding if investment has been made in innovative design.

With such a generous scheme available, any agricultural business set up as a limited company should check if any of their activities are eligible.

Interested in finding out if you qualify? Please feel free to call us and talk through any projects you may have completed, and we can discuss what may be eligible and put you in touch with R&D specialists who can help you further.

Please contact George at georgedrewett@fcgagric.com or your local FCG Office.