Boost Your Business with SME R&D Tax Incentives Small and medium-sized enterprises (SMEs) in the UK can claim generous tax relief on qualifying R&D expenditure. Under the SME R&D tax relief scheme, companies may deduct 186% of eligible costs (100% ordinary plus 86% enhanced deduction) against taxable profits. Loss-making SMEs can also surrender losses for…

The R&D Expenditure Credit (RDEC) is a UK government incentive designed to encourage large companies and certain SMEs to invest in research and development. Unlike the SME scheme, RDEC operates above the line in the accounts, meaning it appears as income in the profit and loss statement and is visible to shareholders and stakeholders. For…