March 14, 2023

Government recently consulted on whether to merge the SME R&D tax relief with the large company R&D Expenditure Credit (‘RDEC’) into a single scheme, seeking views from a wide audience. (See earlier blog post here) The consultation broadly considered:   We submitted a representation on behalf of Bright R&D with input from our clients who claim under both regimes. In summary, we asked for:   Output from the consultation is expected later this year.  For further information, or to discuss how