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UK Treasury Consulting on the Scope of Qualifying Expenditures for R&D Tax Credits

|Proposed Changes|United Kingdom
United Kingdom

UK HM Treasury has launched a public consultation on the scope of qualifying expenditures for R&D tax credits. The consultation description includes the following:

  • R&D tax credits are a core part of the government's support for innovation. The tax credits support innovative businesses as they invest, driving growth and productivity across the UK.
  • Spring Budget 2020 announced that the …

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