Global R&D Tax Incentives:The Benchmark
Welcome to The Benchmark – Ayming’s global R&D consulting team has now made it possible to easily compare key international R&D tax incentive schemes on a like-for-like basis in one simple graphic, using two clear metrics: Generosity of the scheme and Ease of Application.
No two R&D tax regimes are exactly alike, and there is a multitude of legislation, interpretation and policy to consider when drawing a comparison. Ayming’s various R&D consulting teams have extensive knowledge of local R&D tax regimes, and using this experience we have made some assumptions in order to deliver a meaningful and simple comparison.
As well as the main graphic, there are also individual country profiles which give an overview of each of the schemes included in the tool. You can download a copy of the full report at any time using the link at the top of the page.
Global R&D Tax Incentives: The Benchmark
Kliknutím na ukazovatele v grafe zobrazíte profily krajín
Portugal |
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Generosity 40.0% Ease of Application |
Canada | SMB | LC |
---|---|---|
Generosity | 36.1% | 16.6% |
Ease of Application |
France |
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Generosity 30.0% Ease of Application |
Spain | R&D | Tech. Inno. |
---|---|---|
Generosity | 29.6% | 12.0% |
Ease of Application |
UK | SME | LC |
---|---|---|
Generosity | 24.7% | 9.7% |
Ease of Application |
Ireland |
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Generosity 25% Ease of Application |
Germany |
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Generosity 25% Ease of Application |
Slovakia |
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Generosity 23.9% Ease of Application |
Czech |
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Generosity 19.3% Ease of Application |
Poland |
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Generosity 19.0% Ease of Application |
South Africa |
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Generosity 14.0% Ease of Application |
Australia | SME | LC |
---|---|---|
Generosity | 13.0% | 6.0% |
Ease of Application |
USA |
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Generosity 12.1% Ease of Application |
Belgium | SE | MLC |
---|---|---|
Generosity | 11.6% | 8.3% |
Ease of Application |
Italy |
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Generosity 22% Ease of Application |
Definitions
Generosity has been calculated as a percentage. This helps you understand the monetary value of what your company would receive back from a comparable amount of identified qualifying expenditure including the various calculations necessary to make a claim. This value may be different to the tax credit percentage as it takes into consideration the complexities of each scheme and what qualifies as R&D expenditure.
Ease of Application is represented as Easy, Medium, or Difficult. This ‘difficulty rating’ is calculated relative to other international schemes, so an ‘Easy’ rating would mean ‘Easy for a professional with experience in that country’. Ease of Application takes into consideration a whole host of factors, including how difficult it is to make a claim, how easy is it to obtain the benefit, and if an enquiry were to be opened, what it would entail.
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