R and D tax credits set to increase

Posted on 18 Dec 2013
Share Blog Post
Use of R&D tax credits set to increase The Sunday Times’ Peter Evans looks at how the Conservatives could boost investment by increasing R&D tax credits and broadening out the range of businesses that can claim them, such as cloud computing and data firms. However, many industries fear boosting the tax credit system will not make up for the loss of access to EU research programmes and experts warn expanding the system to allow companies to claim for spending on cloud computing infrastructure could mean an inadvertent subsidy for Amazon. The Conservatives have promised to increase R&D tax credits for big companies from 12% to 13%, a move experts say should boost engineering and scientific companies and their supply chains of smaller businesses.

View more blog posts

High banking charges hurt
Posted on 22 Feb 2024
High banking charges hurt
read more
CGT ready for revision?
Posted on 21 Feb 2024
CGT ready for revision?
read more
Improving economy
Posted on 20 Feb 2024
Improving economy
read more
Alternative lending takes off
Posted on 19 Feb 2024
Alternative lending takes off
read more
Back To Top
01604 660661