Regional analysis of the projected number and value of R&D tax credit claims under the SME scheme, 2018-19

Based on government office region


Firms registered in London

Number of claims
Amount claimed £(m)
Average claim value for SMEs



Regional allocation is based on the postcode of the company’s registered address, which might not correspond to where the R&D activity takes place, so caution must be exercised when interpreting these figures. Figures exclude claims where region is not known. Numbers are rounded to the nearest 5 and amounts are rounded to the nearest £5m.