Is the agricultural sector ripe for claiming R&D tax credit and relief? We think it is. We have helped with a range of claims. Activities that are likely to qualify include precision farming (finely controlled seeding, feeding, growing, harvesting), hydroponics (vertical and artificial farming), genetic modifications and use of drones. Agricultural sector company selling raw materials including seeds.
- Development of new seed varieties that are more resilient to pests.
- Identifying and tracking genetic markers for diseases; screening the gene pool to produce better seeds.
- Long term and continuous R&D programme to breed and test new seeds for improved yields
This company benefited from over £140,000 in R & D tax relief. See how much you could benefit from with out R&D tax credit calculator.