Major R&D scheme overhaul

Major R&D scheme overhaul

A new merged research and development (R&D) scheme has come into effect for periods beginning on or after 1 April 2024. The new scheme unifies the old R&D expenditure credit (RDEC) for large companies and the small and medium entity (SME) relief schemes. In...
Two new R&D forms

Two new R&D forms

HMRC has introduced two new measures to tackle the rise in fraudulent research and development (R&D) claims.