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.


Agriculture & Agri-Food

wooden spoon with seeds scattered and flowers laid out

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.

Unlocking R&D Tax Credit Opportunities in Agriculture & Agri-Food:

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:

  1. Research and Development Tax Credits: We specialise in leveraging tax incentives for innovation, enabling you to claim R&D tax credits for your cutting-edge work.
  2. Enhancing Genetic Traits: We assist in determining how and why specific genetic traits are expressed, providing you with valuable insights for R&D tax credit eligibility.
  3. Environmental Variables: We explore how certain environmental variables influence trait expression, helping you uncover additional opportunities for tax credits.
  4. Technological Advancements: We aid in enhancing your technological processes in plant breeding with advanced features, ensuring you don’t miss out on potential R&D tax credit benefits.
  5. Yield and Efficiency: Our expertise extends to developing new techniques to increase yield and production efficiency, maximizing your innovation tax incentives.
  6. Crop Protection: We support the development of technology to protect crops from disease, ensuring you can claim R&D tax credits for your efforts.
  7. Livestock Feeds: We assist in the development of new feeds for livestock to increase yield, optimizing your tax credit calculations.
  8. Waste Management: We help extend your knowledge of the treatment and management of farm waste in an energy-efficient manner, ensuring you make the most of state R&D tax credits.
  9. Biosecurity Improvement: We aid in creating new cleaning processes to achieve an appreciable improvement in biosecurity, enhancing your eligibility for technology tax credits.

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.

Expert R&D Tax Credit Consulting for the Agriculture & Agri-Food Industry

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].

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