“Ineligible, irrelievable and inalienable” – all terms within the new merged R&D regime!
Within the Autumn Statement the Government announced reforms to the R&D tax reliefs to simplify and improve the system from 1 April 2024. Legislated for this was released today (29th November 2023) in the Autumn Finance Bill. Here’s what we think you need to know. Subcontracted R&D – who’s claim? The rules are written to ensure there should be only one claimant, generally favouring the decision maker / risk taker (the ‘customer’ paying for the R&D). Subcontractors will only
Angela Browning
30 November 2023