Right now in the UK, five different R&D schemes are running, some overlapping, some phasing out, and some just getting started, so it is easy to feel overwhelmed.
Here’s a quick breakdown:
1️⃣ SME Scheme (AP’s starting before April 2024)
For small and medium-sized companies—this was the most common route for years.
2️⃣ RDEC Scheme (AP’s starting before April 2024)
The large company scheme—but some SMEs also used it in certain situations (e.g., subcontracting, grant-funded projects).
3️⃣ R&D Intensive Scheme (Expenditure incurred from April 2024)
For loss-making SMEs spending 40%+ of their total costs on R&D—this gives access to extra generous rates.
4️⃣ Merged Scheme (AP’s starting after April 2024)
A single, simplified scheme combining elements of both SME and RDEC schemes.
5️⃣ Enhanced R&D Intensive Support Scheme ERIS (AP’s starting after April 2024)
For loss-making SMEs spending 30%+ of their total costs on R&D—this gives access to extra generous rates.
It’s easy to miss out (or mess up a claim) if you’re not sure which scheme applies to you, especially during the transition.
Our member, Livaty, are always happy to review which scheme applies to your business, guide you through the process, and make sure you’re claiming everything you’re entitled to.