Planned cuts to R&D tax credits means UK could lose top OECD spot, warns firm
The UK risks losing its position as the most generous OECD country for R&D tax credits to France if planned cuts to the popular form of tax relief go ahead, a report has warned.
Chancellor Jeremy Hunt announced his intention to cut the deduction rate for small and medium-sized enterprises (SMEs) at last year’s autumn statement, sparking a backlash from the R&D business community.
This article on Research Professional News is only available to Research Professional or Pivot-RP users.
Research Professional users can log in and view the article via this link
Pivot-RP users can log in and view the article via this link.