15/10/2026
If innovation remains a priority for UK businesses, why are R&D tax relief claims declining?
That's one of the key questions raised by HMRC's latest report.
Our latest analysis dives into the data and examines what it means for manufacturing, engineering and technology businesses in South Yorkshire and Derbyshire.
Discover key insights from HMRC's 2024/25 R&D Tax Relief report, highlighting fewer claims but increased investments in innovation across the UK.