By UK Region, 2018
By UK Sector, 2018
Over 240,000 claims have been made and £21.4 billion in tax relief claimed.
The UK ranks seventh among OECD and partner economies in terms of total government support to business R&D as a percentage of GDP, equivalent to 0.25% of GDP in 2015.
The UK ranks 11th of all EU countries’ R&D expenditure as a percentage of GDP.
From 2006-2015, total gov support for BERD as % of GDP increased in the UK by 0.13 percentage points, while the OECD media increased by 0.02.
More Facts about R&D Tax Credits