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UK R&D tax credit statistics

HMRC's latest figures show £7.6 billion of R&D tax relief claimed across 46,950 claims in tax year 2023-24, published 30 September 2025.

These are HMRC's R&D tax credit statistics, sometimes called the R&D tax relief statistics. They show how many companies claim and how much they claim, broken down by region, sector, scheme and claim size.

This page always shows the latest release, currently HMRC's September 2025 release, which runs to tax year 2023-24. Our commentary on this release has its own page. Last updated .

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Key figures for 2023-24 Provisional

  • Claims 46,950 Down 26% on 2022-23
  • Companies claiming 44,065 Down 27% on 2022-23
  • Relief claimed £7.6bn Down 2% on 2022-23
  • Average relief per claim about £160,000 Up 33% on 2022-23 Worked out from HMRC's rounded totals.
  • R&D spending behind the claims £46.1bn Down 1% on 2022-23
Claims by scheme, UK, 2023-24
Scheme Claims Relief claimed Average per claim
SME scheme 36,885 £3,145m £85,000
RDEC, large companies 3,335 £3,610m £1,100,000
SMEs under large company scheme or RDECSMEs that cannot use the SME scheme, for example because they are subcontractors or their R&D is subsidised. They claimed under the large company scheme until RDEC began in April 2013, and HMRC reports both periods as one series. 6,730 £795m £120,000
All schemes 46,950 £7,555m £160,000

Source: HMRC, Research and Development Tax Credits Statistics, September 2025 release. HMRC publication on GOV.UK

Claims by region and sector over time

The chart shows the latest year first. Press play to watch each region or sector change from one year to the next, or move the slider to stop on any year. The same figures are in the table under the chart.

Number of claims by region, 2023-24. Regions are by the company's registered address. HMRC's unknown row is in the table, not the chart.

Source: HMRC, Research and Development Tax Credits Statistics, September 2025 release. HMRC publication on GOV.UK

Number of claims by region, 2020-21 to 2023-24
Region 2020-212021-22p2022-23p2023-24p
North East (England) 2,7352,5701,8801,335
North West (England) 9,0608,4356,1704,290
Yorkshire and The Humber 6,4506,2154,3853,130
East Midlands (England) 5,9455,3153,9852,810
West Midlands (England) 7,4056,7654,9153,445
East (England) 8,2658,0656,2904,570
London 18,54018,59514,64011,335
South East (England) 12,57012,0359,5156,940
South West (England) 6,6356,2854,7703,510
Wales 2,6652,4401,9151,440
Scotland 4,5804,3203,5702,785
Northern Ireland 2,2452,1001,6701,305
UnknownNot allocated by HMRC. Kept so the totals add up. 80857560

Source: HMRC, Research and Development Tax Credits Statistics, September 2025 release. HMRC publication on GOV.UK

Value of relief claimed by region, 2020-21 to 2023-24
Region 2020-212021-22p2022-23p2023-24p
North East (England) £140m£150m£140m£115m
North West (England) £485m£565m£530m£490m
Yorkshire and The Humber £300m£370m£320m£265m
East Midlands (England) £340m£345m£335m£315m
West Midlands (England) £465m£490m£465m£565m
East (England) £785m£830m£890m£1,015m
London £2,170m£2,450m£2,555m£2,320m
South East (England) £1,220m£1,340m£1,385m£1,475m
South West (England) £355m£390m£370m£350m
Wales £140m£155m£150m£115m
Scotland £310m£345m£365m£360m
Northern Ireland £135m£145m£155m£140m
UnknownNot allocated by HMRC. Kept so the totals add up. £10m£20m£30m£25m

Source: HMRC, Research and Development Tax Credits Statistics, September 2025 release. HMRC publication on GOV.UK

Number of claims by sector, 2020-21 to 2023-24
Sector 2020-212021-22p2022-23p2023-24p
Agriculture, forestry and fishing 1,4301,4201,250995
Mining and quarrying 320285235200
Manufacturing 20,29019,01015,56512,120
Electricity, gas, steam and air conditioning 315315250180
Water, sewerage and waste 685680540325
Construction 8,2558,0655,7503,340
Wholesale and retail trade, repairs 7,6757,1303,6751,985
Transport and storage 880825575330
Accommodation and food 1,005940440150
Information and communication 18,57518,17515,42012,305
Financial and insurance 1,5201,4551,175895
Real estate 445425230110
Professional, scientific and technical 13,27013,07010,8558,925
Administrative and support services 6,4655,8554,1752,835
Public administration, defence and social security 90907045
Education 820785435215
Health and social work 2,0551,8001,130590
Arts, entertainment and recreation 910835665475
Other service activities 1,9201,8301,190815
Other or unknownNot allocated by HMRC. Kept so the totals add up. 250220145125

Source: HMRC, Research and Development Tax Credits Statistics, September 2025 release. HMRC publication on GOV.UK

Value of relief claimed by sector, 2020-21 to 2023-24
Sector 2020-212021-22p2022-23p2023-24p
Agriculture, forestry and fishing £80m£90m£100m£90m
Mining and quarrying £120m£115m£120m£130m
Manufacturing £1,615m£1,745m£1,775m£1,975m
Electricity, gas, steam and air conditioning £35m£40m£45m£35m
Water, sewerage and waste £40m£50m£45m£30m
Construction £465m£530m£445m£365m
Wholesale and retail trade, repairs £340m£385m£260m£200m
Transport and storage £55m£65m£55m£50m
Accommodation and food £25m£30m£20m<£10m
Information and communication £1,485m£1,710m£1,815m£1,565m
Financial and insurance £350m£365m£365m£395m
Real estate £15m£15m£10m<£10m
Professional, scientific and technical £1,335m£1,510m£1,720m£1,850m
Administrative and support services £520m£550m£525m£525m
Public administration, defence and social security £15m£15m£15m£15m
Education £25m£30m£20m<£10m
Health and social work £85m£90m£75m£55m
Arts, entertainment and recreation £110m£110m£135m£125m
Other service activities £115m£125m£115m£110m
Other or unknownNot allocated by HMRC. Kept so the totals add up. £25m£25m£25m£30m

Source: HMRC, Research and Development Tax Credits Statistics, September 2025 release. HMRC publication on GOV.UK

Claims by region, 2023-24

HMRC places each claim in the region of the company's registered address, which is not always where the R&D is done. A group that registers in London but runs its labs elsewhere counts as London.

Claims, relief and average claim by region, 2023-24
Region Claims Relief claimed Average per claim
North East (England) 1,335 £115m £86,000
North West (England) 4,290 £490m £110,000
Yorkshire and The Humber 3,130 £265m £85,000
East Midlands (England) 2,810 £315m £110,000
West Midlands (England) 3,445 £565m £160,000
East (England) 4,570 £1,015m £220,000
London 11,335 £2,320m £200,000
South East (England) 6,940 £1,475m £210,000
South West (England) 3,510 £350m £100,000
Wales 1,440 £115m £80,000
Scotland 2,785 £360m £130,000
Northern Ireland 1,305 £140m £110,000
Unknown Not allocated by HMRC. Kept so the totals add up. 60 £25m £420,000*
United Kingdom 46,950 £7,555m £160,000

Source: HMRC, Research and Development Tax Credits Statistics, September 2025 release. HMRC publication on GOV.UK

Claims by sector, 2023-24

Sectors follow the main industry code (SIC 2007) the company is registered under, which may differ from the field its R&D is in.

Claims, relief and average claim by sector, 2023-24
Sector Claims Relief claimed Average per claim
Agriculture, forestry and fishing 995 £90m £90,000
Mining and quarrying 200 £130m £650,000
Manufacturing 12,120 £1,975m £160,000
Electricity, gas, steam and air conditioning 180 £35m £190,000
Water, sewerage and waste 325 £30m £92,000
Construction 3,340 £365m £110,000
Wholesale and retail trade, repairs 1,985 £200m £100,000
Transport and storage 330 £50m £150,000
Accommodation and food 150 <£10m n/a
Information and communication 12,305 £1,565m £130,000
Financial and insurance 895 £395m £440,000
Real estate 110 <£10m n/a
Professional, scientific and technical 8,925 £1,850m £210,000
Administrative and support services 2,835 £525m £190,000
Public administration, defence and social security 45 £15m £330,000*
Education 215 <£10m n/a
Health and social work 590 £55m £93,000
Arts, entertainment and recreation 475 £125m £260,000
Other service activities 815 £110m £130,000
Other or unknown Not allocated by HMRC. Kept so the totals add up. 125 £30m £240,000*
United Kingdom 46,950 £7,555m £160,000

Source: HMRC, Research and Development Tax Credits Statistics, September 2025 release. HMRC publication on GOV.UK

Every year since 2000-01

UK totals by scheme for every year in this release.

Number of claims by scheme, UK, 2000-01 to 2023-24
Number of claims by scheme, UK
Tax year SME scheme Large company scheme RDEC, large companies SMEs under large company scheme or RDECSMEs that cannot use the SME scheme, for example because they are subcontractors or their R&D is subsidised. They claimed under the large company scheme until RDEC began in April 2013, and HMRC reports both periods as one series. Vaccines research relief All schemes
2000-01 1,860N/AN/AN/AN/A1,860
2001-02 3,410N/AN/AN/AN/A3,410
2002-03 4,640630N/A60N/A5,320
2003-04 5,160920N/A120106,210
2004-05 5,3101,090N/A220106,620
2005-06 4,9601,200N/A290106,450
2006-07 5,2701,320N/A350106,940
2007-08 5,9901,640N/A400108,020
2008-09 6,6701,810N/A440108,920
2009-10 7,4701,830N/A490109,770
2010-11 8,2801,960N/A5301010,750
2011-12 10,0302,150N/A5101012,670
2012-13 13,1402,380N/A5801016,070
2013-14 15,5851,6751,115955<1019,335
2014-15 29,7751,3352,4601,990<1035,565
2015-16 37,1059152,9502,700<1043,665
2016-17 45,440N/A3,9353,640<1053,015
2017-18 53,910N/A4,0104,370<1062,290
2018-19 65,940N/A4,0354,560<1074,535
2019-20 74,190N/A4,3855,430<1084,005
2020-21 76,135N/A4,2506,795N/A87,180
2021-22p 71,805N/A4,1657,245N/A83,220
2022-23p 53,150N/A3,7906,845N/A63,780
2023-24p 36,885N/A3,3356,730N/A46,950

Source: HMRC, Research and Development Tax Credits Statistics, September 2025 release. HMRC publication on GOV.UK

Value of relief claimed by scheme, UK, 2000-01 to 2023-24
Value of relief claimed by scheme, UK
Tax year SME scheme Large company scheme RDEC, large companies SMEs under large company scheme or RDECSMEs that cannot use the SME scheme, for example because they are subcontractors or their R&D is subsidised. They claimed under the large company scheme until RDEC began in April 2013, and HMRC reports both periods as one series. Vaccines research relief All schemes
2000-01 £70mN/AN/AN/AN/A£70m
2001-02 £170mN/AN/AN/AN/A£170m
2002-03 £210m£200mN/A<£10mN/A£410m
2003-04 £195m£340mN/A<£10m<£10m£540m
2004-05 £190m£390mN/A<£10m<£10m£590m
2005-06 £185m£450mN/A£10m<£10m£640m
2006-07 £200m£480mN/A£10m<£10m£690m
2007-08 £245m£550mN/A£10m<£10m£810m
2008-09 £265m£730mN/A£10m<£10m£1,000m
2009-10 £320m£670mN/A£10m<£10m£1,010m
2010-11 £355m£750mN/A£10m<£10m£1,110m
2011-12 £435m£780mN/A£10m<£10m£1,220m
2012-13 £615m£760mN/A£10m<£10m£1,370m
2013-14 £705m£280m£625m£30m<£10m£1,640m
2014-15 £1,315m£120m£1,490m£100m<£10m£3,025m
2015-16 £1,760m£70m£1,985m£155m<£10m£3,975m
2016-17 £2,265mN/A£2,010m£215m<£10m£4,490m
2017-18 £2,740mN/A£2,135m£275m<£10m£5,150m
2018-19 £3,510mN/A£2,480m£320m<£10m£6,310m
2019-20 £4,185mN/A£2,290m£420mN/A£6,890m
2020-21 £4,200mN/A£2,250m£405mN/A£6,855m
2021-22p £4,620mN/A£2,495m£485mN/A£7,600m
2022-23p £4,440mN/A£2,655m£590mN/A£7,690m
2023-24p £3,145mN/A£3,610m£795mN/A£7,555m

Source: HMRC, Research and Development Tax Credits Statistics, September 2025 release. HMRC publication on GOV.UK

Questions about R&D tax relief claims

How much R&D tax relief is claimed in the UK?

HMRC estimates that £7.6 billion of R&D tax relief was claimed for tax year 2023-24, down 2% on 2022-23. The qualifying R&D spending behind those claims was £46.1 billion. The 2023-24 figures are provisional and HMRC will revise them.

How many companies claim R&D tax relief?

44,065 companies made 46,950 claims for tax year 2023-24, 26% fewer claims than in 2022-23. A company can make more than one claim in a year, which is why there are more claims than companies.

What is the average R&D tax relief claim?

About £160,000 across all schemes in 2023-24. By scheme: SME scheme about £85,000; RDEC, large companies about £1,100,000; SMEs under large company scheme or RDEC about £120,000. A small number of very large claims pull the average well above a typical claim.

Which regions and sectors claim the most?

By the company's registered address, London accounts for about 24% of claims and 31% of the relief claimed, followed by the South East with about 15% of claims and 20% of relief. Information and communication has the most claims, followed by manufacturing and then professional, scientific and technical. Together the three make up about 71% of claims.

When does HMRC next publish R&D tax credit statistics?

HMRC publishes these statistics once a year, usually in late September. Its next release is scheduled for 29 September 2026. When it arrives, this page moves to the new figures and the September 2025 edition stays available exactly as published.

Shares and averages on this page are worked out from HMRC's rounded figures.

Source: HMRC, Research and Development Tax Credits Statistics, September 2025 release. HMRC publication on GOV.UK

About these figures

  • Source. HMRC, Research and Development Tax Credits Statistics, September 2025 release, published 30 September 2025. Read HMRC's publication on GOV.UK, or download HMRC's tables.
  • Rounding. HMRC rounds every figure separately: claim counts to the nearest 5 and money to the nearest £5 million. Parts may not add up exactly to the totals shown. Very small figures appear as "<10" (fewer than 10 claims, or under £10 million) rather than as a number. "N/A" means the scheme did not exist that year.
  • Provisional years. 2021-22, 2022-23 and 2023-24 are provisional, marked p in the tables. Companies have up to two years after the end of an accounting period to claim, so HMRC revises these figures in later releases, and the latest year includes HMRC's estimate of claims not yet received.
  • Value of relief. The money figures are the relief or credit claimed, which HMRC calls the cost of support. They are not the amount companies spent on R&D, which is shown separately where HMRC publishes it.
  • Regions. Claims are placed by the postcode of the company's registered address, not where the R&D takes place. HMRC's "Unknown" row is shown in the tables so the totals add up, but it is not on the map or in the chart.
  • Sectors. Sectors follow the company's main registered industry code (SIC 2007), which may not match the industry its R&D serves.
  • Averages. HMRC does not publish averages. We work them out by dividing the rounded value of relief by the rounded number of claims, and round the result to two significant figures so it does not look more exact than it is. Where rounding could move an average by more than 10%, it is marked * as a rough guide. Where either figure is too small to be shown, no average is given (n/a).
  • Licence. Contains public sector information licensed under the Open Government Licence v3.0. Map based on Office for National Statistics boundaries, licensed under the Open Government Licence v3.0. Contains OS data © Crown copyright and database right 2025.
  • Independence. Adviser Radar presents these figures as HMRC publishes them. Nobody pays to appear on or influence this page.

Every release

Each HMRC release has its own page with our commentary. Those pages keep the figures as HMRC published them at the time, so later revisions never change them.