R&D tax credits

Find information on Research and Development (R&D) tax credits and how to claim R&D tax relief for your project.

Research and Development (R&D) tax relief supports companies that work on innovative projects in science and technology.

Projects that qualify for R&D tax relief must be part of a scientific project to make an advance in science or technology.

To claim the R&D tax relief the claimant must meet certain criteria:

• Claiming Research and Development (R&D) tax reliefs

• How to Identify Research and Development for Tax Credits - UK

All research and Research Studentship funding qualifies for R&D Tax credits when undertaken via a contract with a university (sub-contractor costs).

A Small-Medium Enterprise (SME) would qualify for 100% of their costs + 130%.

A large company such as GSK would be able to claim 100% + 12% against their corporation tax. An SME can even claim potentially if they do not currently pay corporation tax.

Further information

• Research and Development (R&D) tax relief
• Research and Development (R&D) tax relief for small and medium-sized enterprises