What it means for future claims
Chancellor Jeremy Hunt has announced a number of reforms to policies concerning businesses and innovation, in a bid to enhance growth in the economy.
A significant measure concerns various tax relief schemes for businesses in the Research and Development (R&D) sector.
Many operators in this sector are eligible for Corporation Tax relief on qualifying expenditure to ease the burden of investing in capital and encourage growth.
Recent changes have left many businesses, particularly small and medium-sized enterprises (SMEs), in a state of uncertainty around what future claims might look like.
This helpful guide will give you all the information you will need about the changes to R&D.
Click on the link below to download this information:
