R&D tax relief - What HMRC says: The Small and Medium-sized Enterprise Scheme

摘要

This scheme has higher rates of relief. From 1 April 2012, the tax relief on allowable R&D costs is 225% - that is for each ￡100 of qualifying costs, your company or organisation could have the income on which corporation tax is paid reduced by an additional ￡125 on top of the ￡100 spent. It also includes a payable credit in some circumstances. You can only claim under the scheme for SMEs if your company or organisation meets the definition of a SME for R&D Relief purposes.