Business Expenditure on R&D

  • 2017-2018
  • 2015-2016

Current Insight

“The reality is many companies feel as if they need to be the next Google and develop cutting edge technology to access R&D Tax Credits. Little to their knowledge, the R&D scheme requires a company to 'overcome technical uncertainties' whilst 'seeking an advance in science or technology'. Therefore, it is a lot broader than what people think. At BourkeHood, we are on a mission to deliver and simplify this process to as many companies as possible.”

Jason Hood

BourkeHood Director

Eligibility Criteria

The engineering sector is broad and can span across different industries. R&D could occur in any project where you attempted to resolve scientific or technical uncertainty and sought to advance in your field.

Qualifying areas include:
• Designing functions aimed at improving performance, reliability, quality or safety requirements,
• Development or improvement of construction equipment, technology, infrastructure etc.
• Developing new or improved systems for heating, air conditioning, etc.
• Materials engineering and design,
• Engineering, design and production of safety equipment,
• Developing tests to check and model performance of machinery or technology in different environmental conditions,
• Capacity analysis and assessment of equipment to meet demand,
• Improving existing products in innovative ways.

Booming sectors of engineering include:





Civil Engineering

Mechanical Engineering