UK HMRC has announced the launch of a consultation on the design of a single, simplified research and development (R&D) tax relief scheme, merging the existing research and development expenditure credit (RDEC) and the small and medium enterprise (SME) R&D relief.
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R&D Tax Relief Reform Consultation Launched
The Government has today (13 January) launched a consultation to simplify the UK’s R&D tax relief system, drive innovation and grow the economy.
- R&D tax reli…