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R&D tax credits can help dairy farmers and in the current economic climate, it’s still surprising that more farmers and suppliers to the Scottish Dairy Industry don’t explore all of the tax incentives available to help lighten the burden by either reducing tax payable or, if applicable, securing a cash repayment.
Even though dairy farmers are spending on developing new processes or technologies, very few are actually claiming the hundreds of thousands of pounds in tax relief that they are entitled to.
Not sure if you can apply? Download our infographic, which will give you examples of dairy farm processes and developments that have in the past qualified for a tax rebate from the government or contact the following: