Information on the different types of Corporation Tax relief available for companies that work on Research and Development (R&D).
R&D tax relief supports companies that work on innovative projects in science and technology.
These videos will give you an overview of how R&D tax relief works.
R&D relief guidance
This guidance explains how HM Revenue and Customs defines research and development and the different types of relief you can claim.
R&D relief for small or medium-sized enterprises
You can claim SME R&D relief if you’re a SME with:
- less than 500 staff
- a turnover of under €100m or a balance sheet total under €86m
You can find information about this relief in our ‘Making R&D easier for small companies guide’.
SMEs that haven’t claimed R&D relief before can apply for Advance Assurance. As well as the guidance below, there is a webinar that gives an overview of Advance Assurance.
R&D Expenditure Credit
Any company can claim Research and Development Expenditure Credit (RDEC) for working on R&D projects.
It can also be claimed by SMEs and large companies who have been subcontracted to do R&D work by a large company.