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    A kind of capital

    Tax / duty / cost reimbursement

    Costs you have already paid, returned. Duty, testing, certification, design expenditure — spent first, claimed after.

    Reimbursement programmes refund a defined category of expense against evidence. The state's aim is usually to lower the cost of something it wants more of — export compliance, design capability, certification, quality testing — and the mechanism is deliberately simple: spend, document, claim.

    The discipline is documentary. Claims are paid against invoices, proofs of payment and, often, evidence that the spend produced what it was meant to. A business with disorganised records will lose a straightforward claim to its own filing.

    It rarely changes whether a project happens, but it materially changes what the project costs. Where the expense was going to be incurred anyway, it is close to free money.

    On the register

    • DLI SchemeDesign Linked Incentive (DLI) Scheme

      Ministry of Electronics and Information Technology

      4–6%Non-dilutive

    Other kinds of capital

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