Welcome to the Thompson Wright podcast.

In this episode, we will be focusing on Research and Development (R&D) tax credits.

The number of businesses claiming R&D tax credits has increased significantly in recent years, with almost 40,000 claims made last year. 

Businesses, from SMEs to large multinational companies, have benefitted from £3.5 billion in tax relief, helping to contribute to almost £25 billion in Research and Development expenditure in the UK. 

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