The R&D Expenditure Credit (RDEC) is the main incentive for attracting and supporting R&D investment in the UK. In essence, this is designed to make the UK a leader in driving innovation.
A 12% taxable credit is calculated from eligible R&D expenditures.
Furthermore, some of the eligible expenditures are:
Contact us today to find out how FI Group can help you on your R&D journey.