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Tax Posted on December 12, 2017

Key tax updates post-Budget - Research and Development

In addition to a commitment of additional funds to ease the administrative burden of claiming R&D tax relief and making it more accessible to businesses, the Government announced a change that will impact large businesses, and those SMEs which receive grant funding; as from 1 January 2018, the rate of Research and Development expenditure credit will increase from its existing rate of 11% to 12%…

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