Rewarding your investment in technological R&D

A wealth of experience in supporting innovation.

The R&D tax scheme aims to encourage investment in technological R&D by means of incentives delivered through the tax system. These incentives take the form of tax credits or tax relief against eligible R&D investment. The scheme was introduced in 2000 for small-to-medium enterprises (SMEs), with that for large companies following in 2002.

Find out more about the scheme for small and medium size companies.

Find out more about the scheme for large companies.

See which costs from your R&D expenditure qualify for the scheme.