Insight
Each year, HMRC releases the statistics for the latest period as well as reviewing prior year’s figures to provide an accurate reflection of all innovation tax incentive claims which have been made. In addition, the Office for National Statistics (ONS) - the UK's largest independent producer of official statistics and the recognised national statistical institute of the UK - produces a range of statistics on a regular basis.
  • HMRC & General Statistics

HMRC R&D Tax Credit Statistics 2020

R&D Tax Credits form a key part of Government strategy to boost innovation and is a highly rewarding scheme which allows UK companies to reduce their Corporation T...

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  • HMRC & General Statistics

HMRC Patent Box Statistics 2020 – Innovation Tax

Patent Box aims to create a competitive tax environment for companies to develop and exploit patents, supporting business investment and growth to retain the best tech...

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  • HMRC & General Statistics

HMRC Capital Allowance Statistics 2020

Capital Allowances is the main form of tax relief for expenditure incurred on tangible fixed asset investments and enables companies and individuals to offset these co...

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  • HMRC & General Statistics

HMRC Patent Box Statistics 2019

The UK Patent Box enables companies to apply a lower rate of Corporation Tax to profits earned from qualifying patented inventions. The lower rate of Corporation Tax u...

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  • HMRC & General Statistics

HMRC Capital Allowance Statistics 2019

Capital Allowances are a deduction made against taxable profits for items of capital investment, the most common methods being Annual Investment Allowances, Main and S...

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  • HMRC & General Statistics

HMRC R&D Tax Credit Statistics 2019

The R&D Tax Credit scheme provides businesses with a valuable cash injection for innovation. Each year HMRC releases the latest statistics for the latest period as...

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