Is the UK’s tech sector missing out on R&D tax relief?

The UK’s technology sector is widely acknowledged as one of the fastest growing areas of the economy, with Prime Minister Theresa May describing it earlier this year as a "great British success story".

Despite the spectre of Brexit and its potential impact, investment in digital businesses rose across Britain last year according to the 2017 Tech Nation report. The report also revealed that the UK leads the way in Europe, attracting £28bn in technology investment since 2011, compared with £11bn in France and £9.3bn in Germany.

London was ranked the number one city in Europe for supporting start-ups and scale-ups in the European Digital City Index. It also has a reputation as a leader in the development of artificial intelligence.

This month our software Technical Analyst, Mark Westwood featured on Harmony PSA blog explaining why UK technology companies should investigate their eligibility for R&D tax relief, read the whole blog here