In 2016-17 there were 6,490 claims totalling £465M through the SME scheme supporting Professional, Scientific & Technical businesses. In addition to these, there were 400 claims totalling £300 through the RDEC (Large Company) scheme. There were also a further 805 claims totalling £55M 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.
Typical projects supporting Professional, Scientific & Technical businesses vary greatly but may include exploratory science, turning ideas into usable 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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We can help you maximise your current and future R&D Claims. We also offer a range of ep!c support options to help improve your engagement, productivity, innovation & creativity. Contact us for more details!