Let’s talk about R&D tax credits

The research and development tax credit is an important enticement for investment in creating and sustaining employment

Last week saw the end of the public consultation on the research and development (R&D) tax credit. I’ve always said that consultation with us decreases consternation among us, so let’s talk.

A tax credit may not determine whether R&D is undertaken in the first place, but it may be a factor in determining where the R&D is organised, in addition to other issues such as wage costs, infrastructure, political ethos etc.

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