Counting King R&D

Page 8

2020 Statistics 85,900

R&D Tax Credit claims 2019-2020

64% of claims for 2019-2020 were in ‘Manufacturing’, ‘Professional, Scientific and Technical’, ‘Information and Communication’

22% increase in SME claims

£47.5bn is spent on R&D activity in 2020

11% increase in RDEC claims

Page 07

COUNTING KING


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