In January 2023, HMRC launched a consultation with the aim to simplify the UK’s R&D tax relief system. This in turn should drive innovation and help grow the economy. Further details of the outcome of the consultation will be released in due course.
Now more than ever it is important that you seek the correct advice when looking into your R&D tax claims. Contact our specialist team for a no obligation chat.
You can read the full HMRC article here: R&D Tax Relief Reform