Sectors
Food & Drink
R&D tax credits enable UK food and drink companies to claim back a portion of qualifying R&D costs because the government wants to stimulate innovation in product development, packaging, and processes.
Software Development
R&D tax credits provide UK software development firms with financial support for eligible technical projects because the scheme rewards the creation of new or improved software solutions that address complex challenges.
Manufacturing
R&D tax credits allow UK manufacturing businesses to recover costs from experimental production methods and process enhancements because the credits are designed to encourage advancements in manufacturing efficiency and technology.
Engineering
R&D tax credits grant UK engineering companies a means to offset the cost of pioneering designs and technical improvements because the scheme is intended to drive progress in solving engineering problems.
Agriculture
R&D tax credits help UK agricultural firms to fund the development of innovative farming techniques and sustainable practices because the government aims to boost productivity and sustainability in agriculture through targeted incentives.
Renewable Energy
R&D tax credits offer UK renewable energy companies financial benefits for developing new clean technologies and energy systems because the government prioritises green innovation to meet environmental goals.
Construction
R&D tax credits support UK construction companies by reimbursing them for investments in new building materials and methods because the initiative targets increased efficiency and sustainability within the construction sector.
Medtech
R&D tax credits give UK medtech businesses a way to claim back costs from developing medical devices and digital health solutions because the incentive is structured to encourage breakthroughs that improve patient outcomes.
Medical & Pharma
R&D tax credits empower UK medical and pharmaceutical companies to invest in drug discovery and healthcare innovations because the government recognises the vital role of research in advancing public health.
