Market leading insight for tax experts
View online issue

Credit Where Due

Ross Wilkinson and Kevin Hindley, director and associate director, respectively, of Chiltern plc's R&D tax solutions team, describe the latest developments in R&D tax credits

 
Ross Wilkinson and Kevin Hindley director and associate director respectively of Chiltern plc's R&D tax solutions team describe the latest developments in R&D tax credits
 
According to HM Revenue & Customs (HMRC) the aim of research and development (R&D) tax credits is to encourage greater R&D spending in order to promote UK investment in innovation. Between April 2000 and April 2005 around 17 000 claims for R&D tax credits were made with around £1.3 billion of support claimed.
 
The Government has an ambitious target to increase the overall level of R&D investment in the UK from 1.9% to 2.5% of GDP...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top