June 4, 2021

The Government recently consulted on the future of R&D Tax Reliefs seeking views from a broad audience.  The consultation considered: definitions, eligibility and scope of the reliefs, to ensure they are up-to[1]date and competitive, and that they reflect how R&D activity is conducted now, how well the reliefs are operating for businesses and HMRC, and whether this could be improved, targeting of the reliefs, to ensure that for every pound of taxpayer support, we maximise the value of the beneficial