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R&D Industry Analysis for the 2012-13 Financial Year

R&D Industry Analysis for the 2012-13 Financial Year

By In Blog, News, R&D Tax Benefits On June 23, 2014

Applications, for the 2012-13 financial year, showed substantial growth for the company over the previous period and ongoing contracts indicate that this strong trend will continue.

The chart below illustrates the way in which a range of industry segments made up the workload.  This is expressed in terms of the total R&D spend, by each category, as a percentage of the whole.

ind analysis

Manufacturing, in its broader sense, including plastics technologies and food processing forms almost half the total of our clients’ expenditure on R&D for the 2012-13 financial year and is expected to be higher than this in the 2013-14 period.

The company revenue grew by 26% in the twelve months from July 2012 and this rate will be substantially exceeded in the following twelve months.