Agriculture

Libcus Limited - Service - R&D Tax Relief - Agriculture

Are you using technology in the agricultural sector to improve efficiency and profitability?

Farming may not conjure up images of an industry at the forefront of R&D and yet British farmers and agricultural related businesses are some of the most innovative in the world, developing new techniques and tools in their quest to improve overall performance in this essential sector. Unfortunately many in this industry are unaware that they are eligible for an R&D tax claim. 

Latest HMRC Manufacturing Statistics - Agriculture, Forestry & Fishing*

Manufacturing Claims Processed
0
Total sector claim value
£ 0 m
Average claim value
£ 0

What qualifies as R&D in the agricultural sector?

The R&D tax credit scheme rewards any company whose work seeks to resolve a ‘scientific or technological uncertainty’. Qualifying activities may include:

  • Initiatives to improve sustainability, reduce environmental impact or enhance soil quality.
  • Adaption of machinery to improve a function specific to individual farming needs.
  • Innovative use of technology and smart software to improve agricultural output.
  • Developing and trialling better livestock feed & systems.
  • Trialling and testing new plant varieties for yield or disease resistance.

Download our agricultural flyer to find out more

Download
AGRICULTURAL SECTOR SUCCESS STORY
TOTAL R&D BENEFIT: £81,000

Specialists in farm cooling equipment and the supply, maintenance and installation of milk tanks developed an instant milk-cooling system to meet the differing complexities of robotic miling machines.
CLICK HERE FOR MORE EXAMPLES OF OUR WORK
AGRICULTURAL SECTOR SUCCESS STORY
TOTAL R&D BENEFIT: £41,000

A UK family-owned poultry business focused on the manufacture and supply of quality poultry equipment, designed a multi-tier rearing environment for young chickens.
CLICK HERE FOR MORE EXAMPLES OF OUR WORK
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Why Work With Libcus?

The R&D tax relief scheme is extremely rewarding but also a highly technical and complex process. With extensive experience working within this field, we are uniquely positioned to help agricultural companies and related industries claim for their innovation.

At Libcus, we take a supportive approach to guiding our clients through the entire claims process. We offer regular visits to your premises (where required) to discuss and review R&D activities to ensure we maximise your benefit. Additionally, we undertake as much of the R&D claim work as possible from identifying eligible projects, through to writing technical narratives, and calculating difficult R&D calculations.

We take time to assess your business and would never submit a claim without being confident of its outcome. However our support doesn’t end when we submit your claim. Our fee structure includes full enquiry support should your claim be investigated by HMRC.

Find out more about the claims process

Let Our Specialists Handle Your R&D Tax Credits Claim

Let our technical experts prepare your R&D Tax Credits claim.
We will compile a robust claim and make sure you receive the maximum benefit possible for your business.
Telephone: 01629 810 222
Contact Libcus Today

* Source HMRC R&D tax credits statistics 2022. The statistics published by HMRC for 2020-21 are provisional and have been uplifted to include estimates for claims not yet received.