- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 28 Oct 2014
Research and development tax relief
To help develop this article, click 'Edit this article' above.
It is designed to provide support to companies who invest in research and development (R&D), to help bring new products to market, to develop new processes, or to improve existing products or processes.
There are two schemes available to UK companies, an SME Scheme, aimed at Small to Medium Sized Companies and a Large Company Scheme for companies that do not meet the criteria of the SME Scheme.
To qualify for the SME Scheme the following criteria need to be met:
- The company (and its associated companies, subsidiaries, parent, JV) should employ less than 500 people and the company's (and its associated companies) should have a combined balance sheet less than €86m or a combined turnover less than €100m.
- The company must be performing the R&D for its own benefit and not be paid by someone else to perform the R&D for them.
- The company must not be in receipt of some other form of EU Notifiable State Aid associated with the project. EU Notifiable State Aid includes funding from some Local Government Organisations, the Technology Strategy Board, and the Manufacturing Advisory Service.
Any company that does meet the criteria of the SME Scheme is eligible to claim under the Large Company Scheme.
 Find out more
 Related articles on Designing Buildings Wiki
Featured articles and news
Dos and don'ts for creating a smart home.
New ICE publication recommends pay-as-you-go tax to fund roads and other financing options.
BSRIA launches a White Paper on wearable technology and wellbeing in buildings.
Have the pressures of the market shredded the core values of professionalism?
Lead times are a measure of the amount of time that elapses between initiating and completing a construction process.
Government releases first tranche of funding for removal of unsafe high-rise cladding.
How to ensure UK transport infrastructure copes with severe winter weather.
Location shortlist for controversial new footbridge revealed.
Under the Party Wall Act a property owner has the legal right to do works that might otherwise constitute trespass or nuisance.
The rainbow JCB will be making a welcome return to the London Build Expo on 23 and 24 October at Olympia.