Supporting Professional, Scientific & Technical Businesses

Professional, Scientific & Technical Sector Statistics

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.

7,690 claims made in 2016-17

Average Claim Value = £106,632

Total amount paid by HMRC = £820M

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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R&D Tax Claims - Professional and Scitech > R&D Tax Credits