Agriculture R&D Tax Credit

Agriculture R&D Tax Credits

UK Agriculture utilises 71% of the UK’s land, which includes areas for grazing livestock, croppable land and more.

Agriculture R&D helps the nearly half a million people working on UK farms to become more productive, enterprising and environmental sustainable.

This can be done with livestock management, crop protection, breeding, fertilisation, waste management, equipment innovations and more.

R&D tax credits can offer agriculture businesses an additional tax deduction of up to 130% (SME example) off all qualifying innovation spend (changing to 86% on all expenditure on or after the 1st April 2023 (View R&D tax credit changes)).