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R&D TAX:
MANUFACTURING

Benefit From The Generous R&D Tax Relief Scheme For Your Manufacturing Innovation.

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What are R&D Tax Credits?

R&D Tax Credits, introduced by the UK government in 2000, are designed to promote innovation by providing tax relief to companies engaged in scientific or technological advancements.

R&D for tax purposes involves projects aiming to achieve progress in these fields by resolving uncertainties. Qualifying activities include various forms of innovation and development.​

 

By claiming back a portion of their R&D expenditure, businesses can reduce their tax bill or increase taxable losses, thus gaining valuable funding to reinvest in resources and further advance their R&D efforts. This incentive acts as a mechanism to help companies foster innovation and drive growth.

Check Your Eligibility

The information you provide will be used by Approved for the purpose of determining your eligibility and may be used to contact you about your quote. See our full data privacy notice for details on how we process client personal information.

Common R&D Eligibility Within The UK Manufacturing Industry:

By meeting the criteria for R&D Tax Credits, your company can gain access to substantial financial rewards, enabling you to accelerate research and development efforts, invest in new technologies, hire additional staff, and drive overall growth.

You may qualify for Manufacturing R&D activity if you meet the following criteria:

Product Innovation: Designing and developing new products or significantly improving existing ones to enhance performance, functionality, or market competitiveness.

Process Improvement: Optimising manufacturing processes to increase efficiency, reduce production costs, and improve product quality. This can involve automation, advanced manufacturing techniques, or lean manufacturing principles.

Materials Engineering: Researching and developing new materials or improving existing ones to achieve better performance, durability, or sustainability. 

Systems Integration: Developing and integrating complex systems, such as control systems, software, or electronic components, to improve overall system performance and reliability.

Environmental Engineering: Creating innovative solutions to environmental challenges, such as reducing emissions, managing waste, or improving energy efficiency.

Structural and Mechanical Engineering: Addressing complex structural or mechanical challenges, including developing new designs, improving load-bearing capacities, or mechanical systems.

Advanced Technologies: Utilising cutting-edge technologies such as artificial intelligence, machine learning, or the Internet of Things (IoT) to drive innovation and improve engineering outcomes.

R&D TAX Credit Schemes

The government's R&D criteria are intentionally broad. Regardless of your company's size or sector, if you are supporting scientific or technological innovation, you may be engaging in qualifying activities. The R&D Tax Credit Schemes are designed to support and incentivise innovation across various business sizes.

SME R&D Tax Relief:

As an SME you can claim up to 18.6% of qualifying spend. The exact percentage depends on the business's financial position e.g. profit or loss-making.

RDEC & Large Companies:

The Research and Development Expenditure Credit (RDEC) scheme's current benefit is 20% pre-tax, so this would result in a 15% "cash benefit" to the business.

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Our R&D Tax Claim Process

Discover our streamlined process for securing R&D tax credits. We ensure complete transparency in our services, with no hidden fees.

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01

Discovery and Assessment

Your ATL contact, supported by our specialists and consultants, will gather the necessary information. Our team will then help identify qualifying R&D and work with you to prepare a successful claim.

02

Building your R&D Tax Credit Claim

We will build your claim, add the required evidence for HMRC, and detail your qualifying activities and costs, ensuring compliance for a strong claim.

03

Review and Submission to Process

You'll get reports for approval with breakdowns of our findings. After submitting your claim, we'll liaise with HMRC, providing ongoing support.

04

Receipt of Benefit Funds and Reinvestment

The R&D tax relief can come in the form of a tax credit or a reduction in Corporation Tax liabilities (or both).

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Copyright © 2025 Approved Business Finance Ltd. All rights reserved.

 

Approved Business Finance Ltd is an independent asset finance brokerage and not a lender, as such we can introduce you to a wide range of finance providers depending on your requirements and circumstances. We are not independent finance advisors and so are unable to provide you with independent finance advice. Approved Business Finance Ltd will receive payment(s) or other benefit from the finance provider if you decide to enter into an agreement with them. We will receive commission from our lenders. Approved Business Finance Ltd aims to provide our customers with the highest standards of service. If our service fails to meet your requirements, we will endeavour to find a resolution. 

 

Approved Business Finance Ltd is an Appointed Representative of AFS Compliance Ltd, which is Authorised and Regulated by the Financial Conduct Authority, firm number 625035. Approved Business Finance Ltd is a Franchisee of Asset Finance Solutions (UK) Ltd. Approved Business Finance Ltd is incorporated in England and Wales (company number: 11914104) with its registered office at Witan Studios, Witan Gate, Milton Keynes, MK9 1EJ

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