Research and development (R&D) relief
The Small and Medium sized enterprise (SME) Scheme
from 1 April 2011 the tax relief on allowable R&D cost is 200% - that is, for each £100 of qualifying costs, you're company or organisation could have the income on which corporation tax is paid reduced by an additional £100 on top of the £100 spent. it also includes a payable credit in some circumstances
