R&D Tax Credits

Only 20% of UK small and medium enterprises eligible to receive tax refunds for innovation apply. These 20% received £1.3 billion in the 2015-2016 tax year alone. Altogether, SMEs and large enterprises have received nearly £3 billion in this period. For more information on the R&D Tax Credits you could also read our summary of the statistics on the R&D Tax Credits in the UK pulished by HMRC,...