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How to take advantage of the benefits of research and development tax credits.
KEY POINTS
- A new report examines the attitudes of UK businesses towards innovation.
- Claims to research and development tax credits are increasing but at a lower rate than in previous years.
- A general lack of knowledge of the tax credit incentive among UK businesses.
- Large majority of claimants report that tax credits are important to their finances.
- Many more innovative UK companies could benefit.
Last month ForrestBrown published a report examining the attitudes of UK businesses towards innovation and in particular research and development (R&D) tax credits. The findings were based on a survey of 247 respondents most of whom held senior positions at UK companies. Both large corporates and SMEs were well represented and spread throughout the...
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