Supporting Health & Social Work Businesses

Health & Social Work Sector Statistics

In 2016-17 there were 290 claims totalling £10M through the SME scheme supporting Health & Social Work businesses. In addition to these, there were 20 claims totalling less than £5M through the RDEC (Large Company) scheme. There were also a further 35 claims totalling less than £5M from SMEs claiming thorough the RDEC scheme*.

* SMEs may claim through the RDEC scheme where they have activities which are not eligible for the SME scheme. This may include R&D subcontract work for large businesses, and projects / activities which are grant funded.

345 claims made in 2016-17

Average Claim Value = £43,478

Total amount paid by HMRC = £15M

Typical projects supporting Health & Social Work businesses may include the design and development of new products to assist people with specific needs, improvements to the usability of existing household products, and technical processes to make commercial operations more effective and productive.

To find out what you’re doing and have done which may be eligible for a claim, scroll to the bottom of this page and contact us for our free, no commitment, chat.

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R&D Tax Claims - Health and Social Work > R&D Tax Credits