Claim Tax Back from HMRC for Research & Development in Your Company

The government wants to encourage companies to invest in research and development, so it offers additional tax reliefs on the expenditure.  Research and development (R&D) tax credits were introduced for small and medium sized enterprises (SMEs) in 2000 and for large companies in 2002. R&D credits are a corporation tax relief to encourage innovation and enterprise within the UK economy.  …