R&D Tax Credits for Farming & Agriculture
Agriculture and farming are the backbone of the UK economy. It’s crucial that agriculture businesses receive as much financial support as possible. As Ulster Farmers Union’s Corporate Member, Visiativ can help you access innovation funding.
Financial Support for Agriculture Innovations
This government incentive is designed to give tax back to agriculture businesses who are working towards new ways of making their operations more efficient. It rewards innovation, providing funding for R&D, helping you create new products and processes, allowing you to continue innovating and thriving.
Activities which innovative farmers undertake every day could qualify for this tax incentive – for example:
- developing higher-yielding crop strains and new methods of crop planting
- developing more environmentally friendly products and processes
- reducing energy use
- reducing crops/livestock disease
- repurposing of waste produce, and more.
Even if a project doesn’t succeed, you can still claim tax relief!
R&D tax credits can make a huge difference, yet they’re often underused because agriculture business owners don’t know about them or think the process of claiming is too complicated or time-consuming.
So, what activities qualify for relief, and how can you claim?
Read our guide to R&D in Agriculture and Farming to find out more. Our guide provides straightforward information on eligible activities and spending, real case studies, and feedback from other agriculture businesses. Find out everything you need to know to access funding for your innovative projects.
Start the Process with Visiativ
Ulster Farmers Union has teamed up with Innovation Funding specialists Visiativ to help agriculture businesses claim the R&D tax credits to which they are entitled. Visiativ already works with many agri-industry companies. Their specialist team is led by Susan Lawther, who comes from a farming family and understands the specific challenges and opportunities facing farmers.
Let’s Talk
Speak to Visiativ to find out whether your business could make a claim.
Please contact the Visiativ Agriculture Specialist Team to discuss your specific needs and see how we can assist you.
- Call Paul Harding on: 0330 660 0620 or 01223 200699
- Email: consulting@visiativ.co.uk
- Or visit: www.visiativ.co.uk
Don’t miss out on the financial support your business could be receiving. Contact Visiativ today to get started.