R&D Tax Credits: The Complete Guide

Research and Development (R&D) Tax Credits are government reliefs that support businesses making advances in science and technology. They are available for both successful and unsuccessful projects, encouraging innovation.

Qualifying Projects

• Must be part of the company’s existing business or intended business line.
• Focused on an advance in science or technology.
• Must overcome uncertainty that is not easily solved.

Types of Credits

SME R&D Credit: For companies with <500 employees and turnover < €100m.

RDEC: For larger companies.