R&D Tax Credit | Agriculture & Agri-Food
We have experience working with Agriculture & Agri-Food companies, identifying suitable innovation funding and incentive solutions for their businesses.
We have experience working with Agriculture & Agri-Food companies, identifying suitable innovation funding and incentive solutions for their businesses.
As specialists in R&D Tax Credits within the Agriculture & Agri-Food industry, we understand the importance of these sectors in Ireland’s economy, not only for their substantial economic value but also for the significant employment opportunities they generate. According to Teagasc (Agriculture and Food Development Authority) and DAFM (Department of Agriculture, Food, and the Marine), the agri-food industry contributes a remarkable €24 billion to the economy and supports approximately 150,000 jobs.
Given the substantial financial impact and job creation potential of the agri-food industry, many businesses are increasingly recognising the advantages of leveraging the R&D Tax Credit. However, our team at Braithwaite has discovered that numerous companies remain unaware of various eligible activities that they could be benefiting from in the realm of R&D tax credits. To shed light on this, we have compiled a comprehensive list of eligible R&D activities that can help businesses tap into the potential benefits of R&D tax credits.
Our expert services encompass R&D Tax Credit consulting and guidance, ensuring that you understand the intricacies of claiming R&D tax credits, calculating their value, and optimising your eligibility for these tax incentives for innovation. We cover various areas, including IRS R&D tax credits, state-specific R&D tax credits, maximising R&D tax credits, and catering to diverse industries such as small businesses, technology, manufacturing, software development, engineering, pharmaceuticals, and more.
At Braithwaite, we are dedicated to helping you navigate the complex landscape of R&D tax credits, so you can harness the full potential of these valuable incentives for your business’s growth and innovation.
As specialists in R&D Tax Credits within the Agriculture & Agri-Food sector, we excel in identifying opportunities for innovation and maximising tax incentives for your research and development projects. Our expertise extends to a wide range of areas within this industry, where we can help you uncover potential R&D tax credit benefits.
Here’s how we can assist you:
For your R&D activities, allowable expenditures can include wages, third-party contractor costs (contractors performing R&D in EEA), materials, machinery, equipment, and overheads.
Our team of R&D tax credit experts is dedicated to helping you maximise your tax credits, whether you’re a small business, involved in software development, engineering, manufacturing, or pharmaceuticals. We navigate the complexities of IRS R&D tax credits and state R&D tax credits to ensure you reap the full benefits of your innovative endeavours.
All the facts and figures on the agriculture and agri-food industries that we provide are sourced from Teagasc’s and DAFM’s websites, ensuring the highest level of accuracy and reliability in our R&D tax credit consulting services.
As specialists in R&D Tax Credits within the Agriculture & Agri-Food sector, we possess the expertise required for optimising your R&D tax credit opportunities. We understand what to incorporate into your claims, the strategies to employ throughout the claiming process, and most importantly, how to navigate the various pitfalls. With our guidance, your company can confidently embark on robust, successful, and compliant R&D tax relief initiatives tailored specifically to the Agriculture industry.
For further information and to explore how we can assist your organisation in maximising its R&D tax credit potential, please do not hesitate to contact us today at [email protected].
Braithwaite provides Expert R&D Tax Credit advice. We Combined Technical & Financial Expertise to Identify & Maximise your Innovation & Research & Development Tax Credit Opportunities Across Ireland
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