At a glance
Research and Development (R&D) Tax Relief is a national entitlement grant from HM Revenue & Customs for the r&d tax relief sector. Funding: 13% expenditure credit on qualifying R&D expenditure. Eligible applicants: UK companies within the charge to Corporation Tax carrying out qualifying R&D projects. See the official HMRC guidance for the qualifying-project tests and the merged-scheme rules. Applications are accepted on a rolling basis. Apply via the official listing at www.gov.uk.
- Amount
- 13% expenditure credit on qualifying R&D expenditure
- Deadline
- Rolling
- Type
- Entitlement
- Status
- Open
About this program
Guidance Check if you can claim Research & Development (R&D) tax relief Find out what R&D tax relief is and if your project qualifies for Corporation Tax relief. From: HM Revenue & Customs Published: 1 January 2007 Last updated: 8 May 2024 — See all updates Get emails about this page Print this page What R&D tax relief is Research and Development ( R&D ) tax relief supports companies that work on innovative projects in science and technology. To qualify for R&D relief, a project must seek an advance in a field of science or technology. Only companies chargeable to UK Corporation Tax can qualify for this relief. What is a field of science or technology Science is the systematic study of the nature and behaviour of the physical and material universe. From 1 April 2023 mathematical advances can be treated as science for these purposes, whether or not they are advances in representing...
Who can apply
UK companies within the charge to Corporation Tax carrying out qualifying R&D projects. See the official HMRC guidance for the qualifying-project tests and the merged-scheme rules.
How to apply
Claimed through the Company Tax Return, with an Additional Information Form submitted to HMRC before or with the claim.
Apply at official source