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About R&D tax relief
- Adhesives, sealants, chemicals and paints
- Agriculture
- Alarms and CCTV
- Automotive industry
- Aviation and marine
- Cosmetics and personal care
- Clothing, textiles and fabrics
- Energy harnessing
- Fire and safety
- Food and drink
- Foundries
- Games software industry
- Insurance brokers (software development)
- Manufacturing, engineering and electronics
- Pharmaceuticals and medical
- Printing and packaging
- Property and construction
- Security, lightning and electrical
- Software development, IT & telecommunications
- Travel agencies
To qualify for R&D tax relief, a company must be:
- Attempting to make an appreciable improvement to new or existing products, technology, processes or services, although this does not necessarily mean ground-breaking, innovative, or novel work. If companies are aiming to make their products or process cheaper, faster, smaller, or better in some way, then this may qualify as R&D.
- Overcoming technological uncertainties or challenges, especially if the solution will not be immediately obvious to a qualified professional. The company may need to go through a “trial and error” process to achieve the required solution.