Research & development expenditure credit

20th August, 2018

Available to companies that do not qualify for tax relief under the more generous SME scheme, a 12% research and development expenditure credit is payable in respect of qualifying Research and Development (R&D) expenditure regardless of whether or not the company has taxable profits. Recent statistics show that more than 25,000 companies are claiming enhanced tax relief using the R&D tax schemes. This is a very small fraction of the companies registered at Companies House.

So why do so few companies take up this generous relief? Is it because R&D tax relief is too difficult to obtain? Maybe R&D is undertaken by only a very small percentage of companies? Or, perhaps a lot of companies are just missing out?

Download Factsheet
Get in Touch

How would you like to be contacted?

GDPR Consent

For more information read our privacy policy and terms and conditions.

More factsheets

Looking for more?
Get Regular Insights
Sign Up