Supporting Manufacturing Businesses

Manufacturing Sector Statistics

In 2016-17 there were 8,295 claims totalling £390M through the SME scheme supporting Manufacturing businesses. In addition to these, there were 805 claims totalling £565M through the RDEC (Large Company) scheme. There were also a further 1,010 claims totalling £50M 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.

10,115 claims made in 2016-17

Average Claim Value = £97,874

Total amount paid by HMRC = £990M

Typical projects supporting Engineering businesses may include the design and development of new products, improvements to existing products, and technical processes to make your operations more 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 - Manufacturing > R&D Tax Credits