Which sectors qualify?

Which sectors qualify?

Qualifying R&D can be found across a vast range of industry sectors, from engineering and technology to food and drink.

Qualifying R&D can be found across a vast range of industry sectors.

With so many sectors to consider, it can be difficult for companies to find practical information about the R&D tax credit that’s relevant to their business. To help address this, we’ve put together information leaflets for the five key industry sectors in which qualifying R&D is typically found:

  • Biotechnology, pharmaceuticals & medical devices 
  • Engineering, energy & natural resources 
  • Financial services 
  • Food & drink 
  • Software & electronics

Don’t worry if your sector isn’t listed; we’ve worked with clients in almost every industry so we can help determine if your activities meet the criteria for a compliant claim.

Biotechnology, Pharmaceuticals & Medical Devices

Our work for companies in the biotechnology, pharmaceuticals and medical devices sectors has found eligible expenditure in:

  • The design and development of new production processes for existing medical devices products 
  • The development of new consumer drug formulations and coating techniques 
  • The development of new test methods, DOEs, etc.

For additional examples of qualifying activities in these sectors, a case study and examples of claims we’ve worked on, see our information flyer:

R&D tax credits: Biotechnology, pharmaceuticals & medical devices (PDF, 160KB)

Engineering, energy & natural resources 

Our work for companies in the engineering, energy and natural resources sectors has found eligible expenditure in:

  • The design and development of a new refrigeration unit for food transport 
  • The development of a new process for recycling plastics 
  • The development of a software system to monitor and price renewable energy production.

For additional examples of qualifying activities in these sectors, a case study and examples of claims we’ve worked on, see our information flyer:

R&D tax credits: Engineering, energy & natural resources (PDF, 188KB)

Financial services 

Our work for companies in the financial services sector has found eligible expenditure in:

  • The development of a new fast trading system 
  • Advanced mathematical modelling 
  • The development of software systems to meet new reporting requirements.

For additional examples of qualifying activities in this sector, a case study and examples of claims we’ve worked on, see our information flyer:

R&D tax credits: Financial services (PDF, 204KB)

Food & drink 

Our work for companies in the food and drink sector has found eligible expenditure in:

  • The design, development and integration of a new food processing line 
  • The development of new products and ingredient formulae 
  • The development of new flavours for alcoholic drinks.

For additional examples of qualifying activities in this sector, a case study and examples of claims we’ve worked on, see our information flyer:

R&D tax credits: Food & drink (PDF, 223KB)

Software & electronics 

Our work for companies in the software and electronics sectors has found eligible expenditure in:

  • Software programming relating to processing speed, performance or connectivity
  • Wireless and telecoms applications 
  • Internet security and content delivery.

For additional examples of qualifying activities in these sectors, a case study and examples of claims we’ve worked on, see our information flyer:

R&D tax credits: Software & electronics (PDF, 192KB)

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R&D Tax Credits

Accounting for R&D tax credits.

 
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