What is the qualifying criteria for RDEC?
The RDEC Scheme is formulated for larger companies that exhibit the following characteristics:
- A headcount of more than 500 as staff
- A turnover of over €100 million
- Or a balance sheet total of/or above €86 million
These companies need to be involved in R&D activities, incurring expenses related to these activities within the UK, and also paying corporation tax in the UK.
