R&D tax credits are designed to help businesses who invest in R&D. There is evidence which suggests that R&D subsidies do indeed help increase R&D spending. Across OECD countries, R&D intensity in the business sector is correlated with total government support for business R&D.
The indicator measures the amount of R&D tax credit claimed in Scotland per year as a share of the UK total amount claimed. Regional allocation of the take up of these is based on the postcode of the company’s registered address, which might not correspond to where the R&D activity takes place. Criteria for dashboard recent performance colour: If change is within +/- 0.1 percentage point the position is maintaining. An increase of 0.1 percentage point shows that the position is improving, whereas a decrease of 0.1 percentage point or more shows that the position is worsening.
This indicator is published by the UK HMRC at: https://www.gov.uk/government/statistics/regional-analysis-of-research-and-development-tax-credit-claims