Technology Tax Relief

Technology Tax Relief is the generic name for the programme of tax incentives implemented in the UK to incentivise companies to invest in high-value-add R&D and IP commercialisation.

History
The new approach began in 2000 with the launch of the R&D Tax Credit for small and medium enterprises.

Overview
Technology Tax Relief now encompasses the following main tax reliefs:
 * Research & Development Tax Credit
 * Patent Box
 * Research and Development Capital Allowances
 * Research and Development Expenditure Credit
 * Creative Sector Tax Reliefs including
 * Video Games Tax Relief,
 * Animation Tax Relief,
 * High-End TV Production Tax Relief,
 * and Film Tax Relief
 * The Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) give generous income and capital gains tax relief to individuals who invest in small early stage businesses.