Impress your boss with these five facts about R&D tax credits

Although they might both sound like the answer to your funding prayers, grants and R&D tax relief aren’t always compatible.

We look into how the ‘sugar tax’ has become a catalyst for a flurry of development activity within the food manufacturing industry, that would fall within the boundaries of the R&D tax relief scheme.

Introduced by the UK Government in 2000, the R&D tax relief scheme is designed to encourage innovation and global competitiveness by allowing companies to reclaim some of the money invested in qualifying research and development.