R&D Statistics
Research & Development Stats
Private sector innovation in the UK is given tax relief by the government in the form of the R&D Tax Credits and R&D Expenditure Credit (RDEC) incentives, to help innovative businesses grow and push boundaries, to help boost our economy and the ability of the United Kingdom to compete and lead globally, across all industries.
Total Claimed
Over £7.6 billion was claimed under R&D incentives in the 2021/2022 tax year, which equates to over £44 billion of R&D expenditure
R&D Tax Credits
£4.8 Billion
Total Amount Claimed
The total amount of R&D Tax Credits claimed in 2021/2022 tax year was over £4.8 billion.
RDEC
£2.8 Billion
Total amount claimed
The he total amount claimed via Research & Development Expenditure Credit was £2.4 billion.
Number of Claims
90,315 R&D claims were made between 1st April 2021 and 31st March 2022
R&D Tax Credits
79,205
Total Number of Claims
79,205 companies claimed R&D Tax Credits in 2021/2022.
Average Claim Value
The average claim value across both R&D schemes was over £84,000 (£7.6 billion divided by 90,315 total claims)
R&D Tax Credits
£53k+
Average claim value
The average R&D Tax Credits claim value in the 2021/2022 tax year was over £60,000 (£4.8 billion divided by 79,205).
RDEC
£251k+
Average Claim Value
The average RDEC claim value in the 2021/2022 tax year was over £251,000 (£2.8 billion divided by 11,115 claims).
First Time Claims
There were 18,945 first time R&D claims in the 2021/2022 tax year in total
R&D Tax Credits
16,240
First time claims
17,000 companies claimed R&D Tax Credits for the first time in the 2020/2021 tax year, between 1st April 2020 and 31st March 2021. 2021/22 figures have not been published.
RDEC
2,705
First time claims
2,705 companies claimed RDEC for the first time in the 2020/2021 tax year, between 1st April 2020 and 31st March 2021. 2021/22 figures have not been published.
Sectors
In both the R&D Tax Credits and RDEC incentives, the largest number of claims come from the Construction, Information & Communication, Manufacturing, Professional, Scientific, Technica and Retail & Waste sectors.
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