- R&D Tax Credits: What Are They?
- What qualifies as R&D?
- What expenses may my company claim?
- How far in the past can my company claim costs?
- What costs am I not eligible to claim?
- Which companies are eligible?
- Which initiatives qualify as R&D?
- Do distinct kinds of R&D exist?
- How much should I anticipate receiving?
- How will I get my claim paid?
- How much time does the entire process take?
R&D Tax Introduction
The government introduced Research and Development (R&D) tax credits in 2000 as a means of promoting and rewarding innovation in UK industry.
R&D Tax Credits: What Are They?
More than 39,000 UK businesses successfully filed for roughly £3.5 billion in tax relief last year. Many organisations, however, are still unaware that they are eligible for R&D tax credits and are losing out on money that could be used to expand their business and support innovation.