Research and analysis
Evaluation of the research and development tax relief for small and medium-sized enterprises
This report evaluates the direct and indirect impacts of the research and development tax relief for small and medium-sized enterprises.
Documents
Details
The objectives of this evaluation of the research and development (R&D) tax relief for small and medium-sized enterprises (SMEs) were to assess:
- the direct impact of the scheme on R&D expenditure
- the indirect impacts of the scheme on turnover, innovative behaviour, and market competition
- the extent to which the rates of the relief are proportional, and the extent to which a tax relief is the most appropriate form of support
The evaluation consists of descriptive statistics, econometric analyses, and social research among claimants and non-claimants of the relief.