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What is the RDEC rate?

The RDEC rate has been established at 20% amid the recent changes to R&D tax relief. Businesses are now able to recover up to 20p for every £1 invested in eligible R&D activities. This rate remains consistent irrespective of the financial circumstances as opposed to the SME scheme.

Note: It is advisable to check the latest rates and legislations before making an RDEC claim.

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