UK government launches consultation on simplifying R&D tax relief regime

News Team, 18/01/2023

The UK government has launched a consultation to simplify the research and development (R&D) tax relief system, with the stated aim of driving innovation and growing the economy.

The eight week consultation, which runs until 13 March 2023, sets out proposals on how a single scheme could be designed and implemented.

This would replace the two R&D tax relief schemes currently in place - the Research and Development Expenditure Credit (RDEC) - and the small and ...

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