Reminder about the consultation paper to address R&D tax credit abuse. Recall that one of the proposals is to cap tax credits to 3x a company’s PAYE/NIC liability (see our previous post on this). This article highlights a good example of a sector that would be adversely affected by this proposal, ie life sciences, who tend to not have a large headcount. It’s crucial you have your say if you are affected.  The Government wants you to. The consultation period closes on 24 May 2019.

View the article here:

View the Government consultation paper here:

We can provide you with an R&D tax credit advance loan. See our home page for details: