Agriculture has been at the heart of Britain’s economy for hundreds of years. However, HMRC have highlighted that only a tiny proportion of farmers and growers are accessing the valuable benefit of R&D tax credits.
As agriculture becomes more sophisticated, investment continually has to be made to keep up with new trends and legislations. R&D tax credits can restore up to 33% of this investment back into the business.
Research and development towards a more environmentally sustainable business also reaps rewards with claims made to HMRC.