Research and Development (R&D) Relief for Corporation Tax

R&D Relief is a Corporation Tax relief that may reduce your company or organisation's tax bill.

Alternatively, if your company or organisation is small or medium-sized, you may be able to choose to receive a tax credit instead, by way of a cash sum paid by HM Revenue & Customs.

But your company or organisation can only claim R&D Relief if it's liable for Corporation Tax.

Read more in GOV.UK's R&D Tax Relief guidance.