HMRC R&D Tax Credit Statistics 2026: Key Findings as R&D Spend Reaches £51bn
HMRC & General Statistics, HMRC R&D statistics, News and Events
HMRC R&D Tax Credit Statistics 2026: Key Findings as R&D Spend Reaches £51bn
Key takeaway: HMRC estimates 40,325 claims for 2024–25, down 17%, while qualifying R&D expenditure rose 7% to £50.97bn and total support increased 5% to £8.20bn. The market is becoming