Any challenges that face uncertainty could qualify for the governments R&D incentive. The use of GPS technology and precision agriculture has helped create big data, thus allowing more informed decisions and improved productivity.
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The adaptation to ever changing weather conditions throughout the industry plays a large role in R&D. Creating more robust genetically engineered crops for example.
Becoming an overall "greener" operation entails advancements in technology which fall into the R&D category. The management and reuse of waste in food production helps further this quest.
The governments Research and Development incentive allows your business to pursue these advancements in the knowledge that a large percentage of the costs incurred can be returned. Whether your projects have been successful or not, the benefits apply.
Specific areas of eligibility
Creating new, or improving existing processes, to increase crop production and yield and overall efficiency within the business.
The use of robotics, remote sensing or drones to help speed up production processes and improve productivity.
Creating or adapting machinery to improve overall efficiency and capabilities, leading to lower costs and and greater production.
The management of irrigation and soil. Creating new techniques to improve irrigation methods to achieve a decrease in crop losses.
The development of vertical farming and biotechnology to create more space to grow crops whilst also lowering the running and investment costs.
The use of food and medical supplements to improve the care, quality and yield of the livestock.
Our experts will forensically examine your entire company to discover the areas of R&D within it.
We will get a feel for your business as
an entirety and fully understand the complexities of its day to day running as well as the major projects that are on the go.
Their expertise allows them to uncover many qualifying costs that may have been overlooked by accountants.
