Innovation and Technology update: Outcome of R&D tax credits Consultation and proposed changes
Wednesday 1 December 2021
HM Treasury yesterday released details of the long-awaited outcome to the Consultation on the potential reform of the R&D tax incentives, which was launched at the Spring Budget 2021. Some reforms were trailed in the Chancellor’s Autumn Budget speech, but the document published on 30 November 2021 provides the full details and next steps.