HMRC has introduced two new measures to tackle the rise in fraudulent research and development (R&D) claims.
R&D tax relief – New rates will come into effect for qualifying R&D expenditure incurred from 1 April 2023 onwards.
Innovative and hi-tech businesses are being urged to seek advice after tax relief for research and development (R&D) was slashed in the Autumn Budget.
R&D tax credits are designed to encourage innovation and drive growth by rewarding innovative companies. It’s surprising who can qualify, so find out more