Author: David Lucas Partner Bright Grahame Murray Emperor’s Gate 114a Cromwell Road Kensington, London, SW7 4AG T: +44 (0)20 7402 7444  |  F: +44 (0)20 7402 8444 E: [email protected] W: www.bgm.co.uk

Edited by: Integra International Grant Gilmour, B.Sc., MBA, CA, CPA Canada, BC, CPA USA, Az, GDipICL.Sc. INTEGRA TAX WORLD NEWSLETTER EDITOR E: [email protected]

 

UK Tax Incentives for R&D, Innovation and Growth

The UK continues to position itself as an attractive jurisdiction for business and innovation, supported by a range of targeted tax incentives. These incentives sit alongside a main corporation tax rate of 25% (the lowest in the G7), as well as increased regulation and scrutiny driven by global alignment with OECD standards.

Approximately £12.8bn tax relief was given by UK government in 2023-24 (per the latest 2025 HMRC report) across innovation reliefs, creative sector reliefs and investment incentives.… Read More