Corporation Tax: Research and Development (R&D) Relief

Claim Corporation Tax relief on R&D projects

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Overview

R&D reliefs support companies that work on innovative projects in science and technology. It can be claimed by a range of companies that seek to research or develop an advance in their field. It can even be claimed on unsuccessful projects.

You may be able to claim Corporation Tax relief if your project meets our definition of R&D.

Projects that count as R&D

The work that qualifies for R&D relief must be part of a specific project to make an advance in science or technology. It can’t be an advance within a social science like economics or a theoretical field like pure maths.

The project must relate to your company’s trade – either an existing one, or one that you intend to start up based on the results of the R&D.

To get R&D relief you need to explain how a project:

  • looked for an advance in science and technology
  • had to overcome uncertainty
  • tried to overcome this uncertainty
  • couldn’t be easily worked out by a professional in the field

Your project may research or develop a new process, product or service or improve on an existing one.

Ready to grow?

If you think your business would benefit from support or funding, get in touch and we’ll help you work things out.

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