London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Research & Development (R&D) credits – still a low take up

The Treasury has recently issued figures that show only 10,000 SMEs claimed R&D tax relief for 2011/12.

Currently SMEs can benefit from tax relief of 225% on qualifying costs.  In order to qualify, companies have to demonstrate the scientific or technological advance they are seeking but in innovative companies, e.g. in manufacturing, this should not be an issue.

It is concerning that many businesses are still unaware of their ability to make a claim.



Date: 20th January, 2014
Author: Cathy Corns


Articles from this Author

20th March, 2018
Beneficial loans

20th March, 2018
IR35 consultation

20th March, 2018
Tax codes

25th October, 2017
R&D changes see 22% increase in claims by SMEs

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.


Disruption in distribution click on the link to read how Corporate Advisory Partner, Henry……

Vendor assistance and vendor due diligence click on the link to read Corporate Finance Dire……



For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn