Research and Development tax relief
Date: Monday 23rd April, 2012
Author: Cathy Corns
Profile: Cathy Corns
Yet more improvements to an already generous relief for SMEs.
From April 2012:
- The rate of relief will increase to 225%; and
- The cap on payable tax credit available for surrendered losses is abolished; and
- The minimum spend requirement of £10,000 is abolished.
Keywords: R&D,tax relief
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