Uptake of R&D tax relief across the UK

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.

The HMRC guidelines for what constitutes R&D are extensive…but not always clear! It can take a fair bit of effort to pick through the terminology and understand how HMRC define R&D.

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