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Are R&D tax credits available to companies in my sector?

We find that companies from many sectors and industries have the potential to claim UK R&D tax relief. The notion that R&D is about laboratories and white coats is just too limiting. The definition of R&D for tax purposes is so much broader.

Which sectors are claiming the most in R&D tax relief?

Technology, information and communication

Companies in this sector are focussed on telecommunications, computer programming and consultancy, as well as information service activities including data processing, hosting and related activities.

Professionals and science

When we think of R&D activity it could well be that scientific or engineering firms come to mind. This sector includes pharmaceutical and biotech activity, alongside many other businesses that have R&D at their core.

Manufacturing

Their R&D activity in Manufacturing companies stretches from product development, production line speed and resource improvement, quality control and compliance.

Construction

Increasingly construction businesses are innovating in their use of green or sustainable methods. R&D often leads to an improvement in existing construction techniques to solve site specific or environmental issues.

Agriculture, forestry & fishing

In this sector innovation can come from process improvements, production improvement and scalability and quality control. Many agricultural businesses are building new processes to reduce waste or reuse waste products in novel ways.

Finance and Insurance

Innovative businesses in this sector include financial service activities such as insurance, reinsurance and pension funding activities, and business activities to support financial services.

Are R&D tax credits available to companies in my sector?

We find that companies from many sectors and industries have the potential to claim UK R&D tax relief. The notion that R&D is about laboratories and white coats is just too limiting. The definition of R&D for tax purposes is so much broader.

Which sectors are claiming the most in R&D tax relief?

Technology, information and communication

Professionals and science

Manufacturing

Construction

Agriculture, forestry & fishing

Finance and Insurance

Our experts are business people first and Source Advisors has access to a full range of industry experts across the country.

Contact us
to find out how you can make the most of your innovation

R&D tax credits

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Are R&D tax credits available to companies in my sector?

We find that companies from many sectors and industries have the potential to claim UK R&D tax relief. The notion that R&D is about laboratories and white coats is just too limiting. The definition of R&D for tax purposes is so much broader.

Which sectors are claiming the most in R&D tax relief?

Technology, information and communication

Professionals and science

Manufacturing

Construction

Agriculture, forestry & fishing

Finance and Insurance

Our experts are business people first and Source Advisors has access to a full range of industry experts across the country.

Contact usto find out how you can make the most of your innovation

Contact us
to find out how you can make the most of your innovation