Trade bodies have united to recommend that government reforms the current system of R&D tax credits, benefiting larger companies with tax losses, encouraging R&D investment and boosting jobs.
Increases in investment stemming from reforms to R&D tax credits could create 7,735 jobs and increase economic output by nearly £665m a year, according to a new report that explores the effects of modifying R&D tax relief to make it more attractive – especially to larger companies. The reform hinges on treating tax relief for…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
