ForrestBrown MD discusses HMRC R&D tax credit statistics

ForrestBrown, the UK’s specialist R&D tax consultancy, managing director Sara Brigden has commented on the HMRC research and development (R&D) September 2025 tax credits statistics. Recent figures indicated a slight downturn in the amount of R&D tax relief claimed in the UK for the tax year 2023 to 2024. The provisional estimate of £7.6bn ($10.2bn) represents a 2% decrease from the prior year, with R&D expenditure also falling by 1% to £46.1bn ($62.03bn). These figures are the first to reflect the imp ...