In 2000, HMRC introduced the R&D Tax Credits incentive to help fuel the UK’s Innovation growth, so that the UK can compete on a global scale as a leader in Industry. Since then, it has been utilised by many SME’s to develop new products and improve existing processes. It’s a common misconception that you have to be working within a Scientific field to be eligible for relief.

The R&D activity will start when you begin working to resolve the uncertainty. You’ll need to identify the technical uncertainties that need to be resolved and make sure there isn’t an existing solution that has already been made available.