Innovation In The UK: HMRC R&D Tax Relief Schemes And Patent Box Boosts Business Revenue And Innovative Spending
Large companies stimulated to spend between £5.8bn and £6.5bn on innovation Increase in patents filed after first year of claim SME claimants on average have ten times revenue size compared to non-claimants Firms using the Patent Box Scheme display a 10% increase in capital investment The R&D tax relief schemes and R&D expenditure credit (RDEC) […]