Tax Relief for Innovation
R&D Tax Credits
If your business invests in innovation, you could be entitled to significant tax relief through the R&D Tax Credit scheme.
Start Your ClaimWhat are R&D Tax Credits?
R&D Tax Credits are a government incentive designed to reward UK companies that invest in innovation. If your business has developed new products, processes, or services — or improved existing ones — you could be eligible for significant tax relief.
Under the current merged R&D scheme, most companies can recover around 15–16% of qualifying expenditure, rising to up to 27% for loss-making, R&D-intensive SMEs. The average claim for SMEs is around £50,000.
What qualifies as R&D?
Any project that seeks to achieve an advance in science or technology by resolving uncertainty can qualify. This applies across all industries and sectors.