July 28, 2023

As you may have seen, HMRC released draft legislation for the proposed merged R&D regime last week and we had a Communication Forum session with them yesterday to find out a little more behind their proposals. Focusing on the areas that will potentially be of interest, the key points to note are as follows: New merged R&D regime Essentially, the new regime will look and feel a lot like the current large company RDEC regime (with a new name). The