We've recently finalised a claim for our client who performed Research and Development on their dairy farm. The client was performing standard tests and trials on their farm which ensured they were getting the best possible results with their silaging and feed mixing. Zest R&D was able to confirm that these tests addressed a number of technical uncertainties. By addressing these uncertainties the tests met HMRC's criteria, qualifying as Dairy R&D.
In this instance, the farm was conducting R&D into different silaging techniques, feed mixing technique, and feed types. The R&D was required to determine how to achieve the best results from their herd. Any dairy farm could be performing R&D, especially if they are performing trials, or making adaptions that increase knowledge in the field.
Zest were able to use their specialist agricultuaral knowledge to guide the client when making a claim. They were able to determine what work was eligible for the R&D Tax Credit, and how to maximise the costs that were being claimed. This specialist knowledge ensured they got the highest possible return for their claim.
In fact - Zest's average R&D claim within agriculture is over £150,000. That's more than treble the industry average of £45,000.
For another example of a dairy R&D claim - read here. Or you can get in touch using the link below.
If you’re making a claim, you almost certainly want to avoid R&D Tax Credit enquiry. Read on to find out how.
Find out how to claim R&D tax credits, with this step by step guide
If you’re looking into R&D tax relief – you need to know the answer to the questoin – what is R&D? Then you can find out what work you’ve done qualifies for R&D tax relief