Research and development reforms: Changes from April 2023 and what they mean for you

Research and Development reforms

Written by Tax Partner, Toby Hermitage As announced in the recent Budget, the government has tightened and restricted the availability of research and development (R&D) tax reliefs in response to a recent increase in fraudulent R&D tax credit claims. The key measures introduced are as follows: Enhanced R&D tax relief available for SMEs is to […]