"2.99 Research and Development (R&D) tax credits – As announced in Budget 2011, with effect from 1 April 2012 the rate of R&D tax credits for small and medium enterprises (SMEs) will increase from 200 per cent to 225 per cent; the limit of SME payable credit, based on their PAYE/NICs liability, will be removed; and the £10,000 minimum expenditure requirement for
8 Corporate Tax Reform: delivering a more competitive system, HM Treasury and HMRC, November 2010.
Budget 2012 65
large companies and SMEs will be abolished. The Vaccine Research Relief for SMEs will also be removed. (Finance Bill 2012)"
Looks like good news for our Plan B's - what do you think?
8 Corporate Tax Reform: delivering a more competitive system, HM Treasury and HMRC, November 2010.
Budget 2012 65
large companies and SMEs will be abolished. The Vaccine Research Relief for SMEs will also be removed. (Finance Bill 2012)"
Looks like good news for our Plan B's - what do you think?
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