R&D tax relief, the Patent Box scheme and innovation funding grants are all designed to help set you on a cycle of innovation and IP exploitation, so that you and the country can grow and prosper.
Many SMEs aren’t even aware that their activities qualify for tax relief or further funding, or they mistakenly believe it’s too complicated or time-consuming to bother. If you’re the same, then you’re losing out on non-repayable funding that the government wants you to claim. Doing so helps you innovate and achieve their grand ambition to become the most innovative country in the world.
We’ve put together this guide to help you see what activities are eligible and how much you could claim.