Tag Archives: above the line

UK: large companies looking for R&D credit changes

In a report¬†(pdf, on the SMMT website)¬†published this week (and you have to love a report that starts with a quote from Julius Caesar), the manufacturing & motor associations EEF and SMMT call for changes to the R&D tax relief. They’re looking for a “cash benefit or redeemable credit at the point R&D costs arise”, rather than a “relatively opaque offset against corporation tax payments”.

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