R&D Tax Relief Explained
The UK has a very attractive set of tax incentives intended to encourage Research and Development (R&D) activities within the UK. The schemes provide generous tax reliefs and can often result in significant cash repayments from HMRC. Despite this, many businesses are unaware of the reliefs that are available to them and therefore may miss out on these valuable incentives. This report helps to explain the R&D tax reliefs available.
Further Reading
You may also find the information in these articles useful for the stage of your business
2022/23 Tax Rates Pocket Guide
Corporation Tax
R&D tax relief for smaller companies
Autumn 2021 Budget Announcement
Super deduction on plant and machinery explained
