Datafox specialises in R&D Tax Credits for the Agriculture industry
Datafox specialises in delivering R&D Tax Credits for those within the Agriculture industry.
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The agriculture industry is the backbone of the UK economy as it supports one of its largest manufacturing industries, i.e. food and drinks. It contributed nearly £10,408 million in 2019, which is 0.53% to the economy. The country is largely self-sufficient when it comes to growing and producing food and has around 150,000 agriculture and farming businesses. And with the growing awareness about health and environmental benefits of alternative farming methods and protein crops, the demand for healthier, home-grown food is only expected to increase in the future. This also indicates the importance of research and development in Agriculture and the use of agri-tech, to meet the rising demand for quality, high-protein crops, and cereals in the local market.
Even so, many of these farmers and businesses do not utilise the government incentives available to those within the farming and agriculture industry and claim what their research and development deserves. According to government sources, an agricultural SME can claim an average of £61,514 in R & D Tax Credits, but the majority do not understand the eligibility criteria for making a claim. Businesses that are involved in developing technology and processes to improve farming, manufacturing, production, and distribution within the agriculture industry in the UK, as well as increasing the yield of protein crops and other special crops, could be eligible for an R & D Tax relief.
The amount received as R & D Tax Credits can be used to fund further research and development in agriculture, which can prove highly beneficial to the industry in the long run. If your business is within the agriculture industry and is involved in any of the following, we could help you make a successful R & D Tax Credit claim:
- Development of new technology and processes to improve the yield and quality of crops
- Innovative use of robotics and AI in farming, production, and distribution
- Use of biotechnology to improve the quality and nutritional value of crops
- Innovation in smart irrigation and soil management techniques
- Innovative use of sensors and data analytics methods to improve efficiency and productivity
- Development of eco-friendly techniques of farming
Read the Case Study
Datafox specialises in the Agriculture industry
DataFox specialises in the agriculture industry. We can help your agriculture innovation receive maximum potential pay-out in the form of R & D Tax Credits. Our team has specialist knowledge and expertise in handling agricultural R & D Tax claims and will leave no stone unturned in understanding your business and processing your claim diligently. We will keep you informed of the progress from start to finish and process your claim on a no-win-no-fee basis with no upfront costs.
Agriculture Industry Products
The agriculture industry has seen substantial growth in recent years, thanks to the advancement in agri-tech and the use of eco-friendly techniques in farming. As the UK gets more than 60% of its food from domestic farms, the dependency of the population on home-grown crops makes agriculture a key industry for the progress of the economy. If your business has helped pave the way for this sector through agricultural innovation, at any scale or stage of the cultivation, manufacturing, or distribution process, we would love to help you receive funding in the form of R & D Tax Credits.
Ready to apply?
If you’re ready to apply for your R&D tax refund, please call us on the freephone number below or use this contact form and one of our helpful team will be in touch to help.
By completing the above contact form you consent that Datafox can contact you with regard to an R&D Tax Credits claim and use your details during any future claims.
Stuff you need to know
Research and development are driving innovation in the medical and healthcare industries. Find out how they can benefit from the R & D Tax Credit scheme.read more
Learn about alternative proteins and how innovation in Agriculture can qualify for R&D Tax credits.read more
Learn more about the announcement to include Cloud computing and data costs within the scope of R & D Tax relief, in the latest Spring budget of 2021.read more
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