There are a number of R&D funding tax relief programmes for UK manufacturers of all sizes, as Rem Noormohamed and Sam Dooley, from international law firm, DWF LLP, explain.
Independent international analysis of the UK R&D tax incentive regime indicates that 10% of UK private sector research spend would not have taken place without the availability of R&D tax relief. This might sound modest, but with R&D spend being highly correlated to future productivity growth, a multiplier effect exists. It’s estimated that the average…
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