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[BUSINESS] · United Kingdom, Germany · 2 sources

Innoscripta SE Expands R&D Tax Relief Software Platform into United Kingdom

German provider of R&D management software innoscripta SE announced the launch of its operations in the United Kingdom, extending the international rollout that began with France. The company has set up a dedicated UK sales team and secured its first UK customer – a software firm with mid‑double‑digit million‑euro annual revenue.

The UK market, worth roughly EUR 8.7 billion in annual R&D tax relief (about 0.3% of GDP) and seven times larger than Germany’s, presents a major opportunity as HM Revenue & Customs has tightened documentation requirements. innoscripta’s SaaS platform, Clusterix, has been fully adapted to UK regulations, enabling firms to capture R&D projects, working hours and eligible costs while generating audit‑ready documentation. The firm plans to expand its UK sales organisation and grow its customer base before year‑end. innoscripta SE is listed under ISIN DE000A40QVM8.

Entities: Clusterix · HM Revenue & Customs · Innoscripta SE · United Kingdom

Sources

about 13 hours ago