In 2016-17 there were 3,710 claims totalling £125M through the SME scheme supporting Wholesale & Retail Trade businesses. In addition to these, there were 230 claims totalling £50 through the RDEC (Large Company) scheme. There were also a further 270 claims totalling £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.
Typical projects supporting Wholesale & Retail Trade businesses may include the new ways to track and manage stock, new ways to improve your online marketing and selling, and technical processes to make your operations and logistics 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!