Help Centre

How do R&D credits work?

R&D Tax Credits work by reducing your taxable profit and thereby decreasing your Corporation Tax. However, the scheme is designed to help companies even if they are in profit or not, so if you owe a small amount of Corporation Tax or even none, the scheme can still provide you with cash in exchange for “surrendering” some of the tax loss that has been created

Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.