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

Tax system too complex
Posted on 12 Feb 2025
Tax system too complex
read more
UK stifles entrepreneurs
Posted on 05 Feb 2025
UK stifles entrepreneurs
read more
SME confidence plunges
Posted on 28 Jan 2025
SME confidence plunges
read more
Plea to cut taxes
Posted on 22 Jan 2025
Plea to cut taxes
read more
Back To Top
01604 660661