![Wide aerial panorama of the illuminated London skyline during evening, England, with River Thames leading into the city](https://www.pricebailey.co.uk/wp-content/uploads/2018/03/London-skyline-at-night-427x241.jpg)
A guide to the Patent Box and how to qualify
Learn if your business qualifies for Patent Box relief and how you can claim it.
With a growing global population and increased urbanisation, there is a greater challenge for farmers to improve yields. Domestically, we have seen a reduction in the availability of agricultural workers post-Brexit and inflation is putting extensive pressure on food producers to keep prices low in a highly competitive retail environment. All of which is leading to significant investment going into the Agritech sector, which has a predicted growth rate of 150% over the next five years, with a total value anticipated to reach £18.8 billion.
Automation, agricultural software, supply chain technology, and quality management are some of the key growth areas driving technology adoption in the agriculture sector.
With technology innovation in this industry high, and the potential to create significant shareholder value, many Agritech companies are currently considering their market position and redefining their business models in order to accelerate growth and create a sustainable competitive position.
At Price Bailey, our team of finance and tax specialists can support your company in taking proactive measures in this period of industry development – helping you to focus on growth and continued expansion.
No matter the goals of your business, we can help you. Our specialist teams can support you in reaching your objectives, with advice that is tailored to your business.
Our industry experts understand the niche areas of your business and can offer a range of business services focused specifically on the needs of agritechs. These include:
Contact us today to find out more about how we can help you
Learn if your business qualifies for Patent Box relief and how you can claim it.
Price Bailey retains status as 'Outstanding Company to Work For' in 2024
As Labour secured a substantial majority in last week’s general election, our Price Bailey tax team start to consider what is known or suspected of their fiscal policy and what taxpayers might look to do in the short term.
Every quarter, our Academies team will publish the most important and frequently asked helpdesk queries. You can download our 2024 quarterly updates here.