Advancements in agriculture technology are essential if we want to work alongside global factors such as population growth, rising temperatures and climate change. These challenges need to be dealt with sooner rather than later, hence the immense, ongoing need for development in agriculture technology.
Being a limited company in the UK, subject to corporation tax
Having carried out research and development into new products or processes
Having spent money on these projects
A typical claim is likely to include:
Process improvements
Increased production and scalability
Technology and software
Improving standards
These are only examples. The rules of R&D are not rigid, they are put into place to reward and refund those who are dealing with uncertainty. The result of your R&D doesn’t have to be a success either, you can be eligible for a refund even if the project was unsuccessful!
