R&D tax credits for the manufacturing sector

Manufacturers benefit from the highest average R&D claim value. Their R&D activity stretches from product development, production line speed and resource improvement, quality control and compliance. Each incremental challenge and solution sought can qualify as R&D.

13,965
Claims

£1,645
Million

£104,905
Average claim value

Source: HMRC R&D tax credits statistics 2020

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Melinda Atkinson, Lucentum

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