UK Tax Credits


R&D Tax Relief

If your UK limited company is conducting or considering the activities below, CTI can help you maximise research & development (R&D) tax credit:

  • Creating New Solutions
  • Improving Existing Solutions
    • Solutions can be: Products, Processes, Services, Materials, Devices

Small/Medium-Sized Enterprise or Large Company?

A company is considered a Small or Medium Sized Enterprise (SME) if it:

  • employs less than 500 staff AND
  • earns a turnover of under €100m or has a balance sheet total under €86m

SMEs qualify for a 230% superdeduction or a 14.5% refundable credit.

Should a company be over these thresholds, or provide subcontracted services to a large company, then the company would be eligible for a 13% (taxable) credit under Research & Development Expenditure Credit (RDEC). The net benefits for each scenario are:

  SME RDEC
A loss-making SME Up to 33% 11%
A profit-making SME Up to 25% 11%
Large Company   11%

 

What Types of Costs are Eligible?

  SMEs Large Co. (RDEC)
Employee Costs (Direct & Indirect)
Externally Provided Workers
Subcontractor Costs
Software
Consumable Items
Clinical Trial Volunteers
Contributions to Independent Research

 

Increase ROI Abroad with Global Incentives

Learn how your business can reduce your costs of doing business internationally and improve your return on investment.

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Grants Funding Available


UK-South Korea Collaborative R&D

OPEN Innovate UK, part of UK Research and Innovation, will invest up to £2 million in innovation projects in partnership with the Korea Institute for Advancement of Technology (KIAT).

Opened: 14 Feb 2022

Closes: 06 Jul 2022

AHRC Research Fund

OPEN   UK research organisations can apply for funding to research cultural heritage, society and ethics with European partners.

Opened: 11 Mar 2022

Closes: 23 May 2022

Innovation in Time Resilience, Dissemination and Application - Demonstrator

OPEN UK registered organisations can apply for a share of up to £4.7 million for business led innovation in resilient time, frequency and synchronisation.

Opened: 14 Mar 2022

Closes: 01 Jun 2022

Innovation in Time Resilience, Dissemination and Application - Feasibility

OPEN UK registered organisations can apply for a share of up to £4.7 million for business led innovation in resilient time, frequency and synchronisation.

Opened: 14 Mar 2022

Closes: 01 Jun 2022

Biomedical Catalyst 2022 Round 1: Industry-led R&D

open  UK registered SMEs can apply for a share of up to £15 million to develop innovative solutions to health and healthcare challenges. This funding is from Innovate UK.

Opens: 28 Mar 2022

Closes: 25 May 2022

Farming Innovation Programme: Large R&D Partnership Projects

open UK registered businesses can apply for a share of £8 million for large research and development (R&D) partnership projects.

Opens: 30 Mar 2022

Closes: 29 Jun 2022

APC 21: Developing Automotive Technologies and Capability for Net Zero

open UK registered businesses can apply for a share of £25 million for late-stage research and development projects that help accelerate the UK towards a net zero automotive future.

Opens: 31 Mar 2022

Closes: 18 May 2022

NATEP Helping SMEs Innovate in Aerospace: Spring 2022

open UK registered businesses can apply for a share of up to £2.5 million to carry out industry led civil aerospace collaborative research and development projects.

Opens: 04 Apr 2022

Closes: 18 May 2022

Canada- UK Net Zero Value Chains - Transportation

open UK registered businesses and Canadian SMEs can apply to collaborate on joint R&D projects that enable the transition to net zero for the automotive, rail, or maritime sectors.

Opens: 04 Apr 2022

Closes: 29 Jun 2022

Environmental Responses to Hydrogen Emissions

open Apply for funding to explore the environmental response to hydrogen emissions.

Opens: 08 Apr 2022

Closes: 16 Jun 2022

Knowledge Transfer Partnerships (KTP): 2022-2023, Round Two

open UK registered academic institutions, research and technology organisations (RTOs) or Catapults can apply for a share of up to £8 million to fund innovation projects with businesses or not for profits organisations.

Opens: 11 Apr 2022

Closes: 15 Jun 2022

FOAK 2022 Cost Efficiency and Performance Priorities for a Reliable Railway

OPEN Organisations can apply for a share of £7,610,000, inclusive of VAT, to deliver innovations to address railway priorities across 3 themes.

Opened: 20 Apr 2022

Closes: 08 Jun 2022

Automotive Transformation Fund Scale Up Readiness Validation

open Organisations can apply for a share of up to £15 million to validate readiness for scale up of net zero technologies and processes.

Opens: 20 Apr 2022

Closes: 25 May 2022

MyWorld Collaborative Research and Development

open UK registered organisations can apply for a share of up to £2 million for collaborative research and development projects in creative technology.

Opens: 25 Apr 2022

Closes: 01 Jun 2022

Net Zero Hydrogen Fund - Strand 1 Development Expenditure (DEVEX)

OPEN Strand 1 of the Net Zero Hydrogen Fund will provide development expenditure (DEVEX) support for front end engineering design (FEED) and post-FEED studies for new low carbon hydrogen production facilities.

Opened: 25 Apr 2022

Closes: 22 Jun 2022

Net Zero Hydrogen Fund - Strand 2 Capital Expenditure (CAPEX)

OPEN Strand 2 of the Net Zero Hydrogen Fund will provide capital expenditure (CAPEX) support for new low carbon hydrogen production facilities to begin deployment in the early 2020s.

Opened: 25 Apr 2022

Closes: 06 Jul 2022

Innovate UK Smart Grants: April 2022

open   UK registered organisations can apply for a share of up to £25million for game-changing and commercially viable R&D innovation that can significantly impact the UK economy. This funding is from Innovate UK, part of UK Research and Innovation. 

Opened: 25 Apr 2022

Closes: 27 Jul 2022

Expression of Interest: Automotive Transformation Fund: Round 21

open UK registered businesses can apply for a share of up to £1billion for capital centric investment projects that help industrialise the electrified automotive supply chain at scale in the UK.

 

 

Opened: 25 Apr 2022

Closes: 18 May 2022

SBRI: Fusion Industry Challenges: Phase 1

OPEN Organisations can apply for a share of £2 million, inclusive of VAT, to develop solutions to encourage innovation in the fusion industry, through the use of novel and innovative heating and cooling systems, materials, manufacturing and technologies.

Opened: 09 May 2022

Closes: 22 Jun 2022

UK-United States Collaborative Environmental Science Research Fund

ONGOING   UK research organisations can apply for funding to work with US-based researchers on an environmental science proposal. 

Opened: 10 Mar 2022

Ongoing

Public Health Intervention Development (PHIND): Sep 2022

forthcoming Apply for funding for the early-stage development of an intervention that seeks to address a UK or global public health challenge.

Opens: Jul 2022

Closes: Sep 2022

Investigate High-Priority Use Cases for Exascale Software: Phase 2

closed This funding is through the Exascale Computing ALgorithms and Infrastructures Benefiting UK Research (ExCALIBUR) programme, which is part of the Strategic Priorities Fund.

Opened: 17 Feb 2022

Closes: 12 May 2022

Innovation Loans Future Economy Competition - Round 2

closed   UK registered businesses can apply for loans for innovative projects between £100,000 and £2 million that have strong potential to significantly improve the UK economy. 

Opened: 14 Apr 2022

Closes: 11 May 2022

Vehicle-to-Everything (V2X) Bi-Directional Charging - Phase 1

closed UK registered organisations can apply for a share of up to £2 million funding from BEIS to develop V2X bi-directional charging prototype hardware, software or business models.

Opens: 28 Mar 2022

Closes: 04 May 2022

Industrial Energy Transformation Fund: Phase 2

closed  The Industrial Energy Transformation Fund (IETF) supports the development and deployment of technologies that enable businesses with high energy use to transition to a low carbon future. 

Opened: 17 Jan 2022

Closes: 29 Apr 2022

Driving the Electric Revolution: Building Talent for the Future 2

closed  UK registered organisations can apply for a share of up to £4.5 million for innovative skills, talent, and training projects for Power Electronics, Motors and Drives (PEMD). This funding is from the Driving the Electric Revolution challenge.

Opened: 11 Mar 2022

Closes: 27 Apr 2022

SBRI: Digital Technologies for Robotic Nuclear Decommissioning

closed Organisations can apply for a share of £1.5 million inclusive of VAT, to develop solutions across five challenges as part of the LongOps programme.

Opens: 16 Mar 2022

Closes: 27 Apr 2022

Expression of Interest: ATI Programme Strategic Batch: Apr 2022

closed The Aerospace Technology Institute (ATI) Programme funds industrial research and investment aid for research infrastructures to make the UK civil aerospace sector more competitive.

 

 

Opened: 05 Apr 2022

Closes: 27 Apr 2022

Analysis for Innovators (A4I) Round Seven Mini Projects

closed UK businesses can apply for a share of up to £3 million to resolve productivity and competitiveness issues by working with top scientists and research facilities.

Opens: 28 Mar 2022

Closes: 20 Apr 2022

UK-Singapore Collaborative R&D

closed UK registered businesses can apply for a share of up to £3 million for the purpose of developing innovative proposals with Singapore.

Opened: 24 Jan 2022

Closes: 20 Apr 2022

Sandpit: Trustworthiness of Autonomous Robotic Systems for National Security and Defence

closed Apply to attend a five-day interactive sandpit to develop novel projects on trustworthiness of autonomous robotic systems for national security and defence.

Opened: 18 Mar 2022

Closes: 18 Apr 2022

Innovation Loans Future Economy Competition - Round 1

closed   UK registered businesses can apply for loans for innovative projects between £100,000 and £2 million that have strong potential to significantly improve the UK economy. 

Opened: 10 Mar 2022

Closes: 13 Apr 2022

Innovate UK Smart Grants

closed   UK registered organisations can apply for a share of up to £25million for game-changing and commercially viable R&D innovation that can significantly impact the UK economy. This funding is from Innovate UK, part of UK Research and Innovation. 

Opened: 17 Jan 2022

Closes: 13 Apr 2022

Knowledge Transfer Partnerships (KTP): 2022 to 2023, Round 1

closed Open to businesses or not-for-profit organisations, research organisations and graduates to work on an innovation project. Funding is provided to support the total cost of the project – businesses provide around one-third to half of the project costs depending on their size.

Opened: 14 Feb 2022

Closes: 06 Apr 2022

Eureka Eurostars 3: Call 2

CLOSED UK registered SMEs can apply for a share of up to £2.5 million to develop collaborative research in partnership with organisations from participating Eureka Eurostars member countries.

Opened: 21 Jan 2022

Closes: 24 Mar 2022

Farming Transformation Fund – Improving Farm Productivity

CLOSED  The Farming Transformation Fund provides grants towards large capital items to help businesses improve productivity, profitability, and environmental sustainability. 

Opened: 19 Jan 2022

Closes: 16 Mar 2022

SBRI Competition – Open Digital Solutions for Net Zero Energy

CLOSED SBRI Competition – Open Digital Solutions for Net Zero Energy Organisations can apply for a share of £1.2 million, inclusive of VAT, to develop open solutions to accelerate decarbonisation of energy in the UK Eligibility

Opened: 31 Jan 2022

Closes: 09 Mar 2022

Automotive Transformation Fund Feasibility Studies: Round 3

CLOSED Organisations can apply for a share of up to £10 million for business case feasibility studies to support scale up of the UK’s zero emission automotive supply chain.

Opened: 24 Jan 2022

Closes: 09 Mar 2022

ISCF Commercialising Quantum Technologies: Feasibility Studies Round 3

CLOSED ISCF Commercialising quantum technologies: feasibility studies round 3 UK registered organisations can apply for a share of up to £6 million for projects to advance the commercialisation of quantum technologies in the UK.

Opened: 17 Jan 2022

Closes: 09 Mar 2022

APC 20: Developing Automotive Technologies

CLOSED UK registered businesses can apply for a share of £25 million for late stage research and development projects that help accelerate the UK towards a net zero automotive future. Eligibility This competition is open to collaborations only.

Opened: 10 Jan 2022

Closes: 02 Mar 2022

Heat Pump Ready Programme: Stream 1

CLOSED The Heat Pump Ready Programme forms part of BEIS’ £1 billion Net Zero Innovation Portfolio (NZIP), which aims to accelerate the commercialisation of innovative clean energy technologies and processes through the 2020s and 2030s. 

Opened: 22 Dec 2022

Closes: 22 Feb 2022

SBRI – Climate and Environmental Risk Analytics for Resilient Finance: Phase 1

CLOSED SBRI - Climate and Environmental Risk Analytics for Resilient Finance: Phase 1 Organisations can apply for a share of up to £1.5 million inclusive of VAT, to develop solutions that integrate climate and environmental factors in the financial services industry.

Opened: 17 Jan 2022

Closes: 16 Feb 2022

Heat Pump Ready Programme: Stream 2

CLOSED  The Heat Pump Ready Programme forms part of BEIS’ £1 billion Net Zero Innovation Portfolio (NZIP), which aims to accelerate the commercialisation of innovative clean energy technologies and processes through the 2020s and 2030s. 

Opened: 22 Dec 2022

Closes: 15 Feb 2022

Other Key Global Incentives


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When we went through our first year with CTI we had an 89% completion rate, to me that’s unheard of...their team is dedicated to working with us and they are trying to maximize your tax credits.
Jay Ramos, President of Amtec