| |
| |
| |
R&D tax relief – are you prepared for all the changes?
| |
1 April 2023 will mark the beginning of major changes to the R&D tax relief regime - either because of the changes announced in the Autumn Statement or because of those announced earlier in the year and currently already in the draft legislation. | | | |
Companies will need to start thinking now about the potential impacts of these changes on their businesses in terms of: - Cash flow
- Supply chain
- Documentation of R&D
- Generally the way they do business in order to claim R&D tax relief
| |
We have recently released other news items relating to the changes being introduced for the R&D tax relief schemes. Please see below for more information... | |
| |
R&D tax relief changes: Autumn Statement | Whilst still committing to increased spend on Innovation and R&D in total, the Autumn Statement announced further reforms to the R&D tax reliefs schemes.
| | Our Autumn Statement booklet 2022 | Our Autumn Statement Report provides an overview of the key announcements arising from the Chancellor's speech. Throughout the summary you will find informative comments to help you assess the effect that the proposed changes may have on you personally. | | | |
| |
Webinar: Previously announced changes to R&D tax relief | |
| |
Catch up by watching our webinar on previous announcements made on changes to R&D tax relief. During our webinar corporate tax specialists Margaret Savory and Tracy Bacon update you on the proposed new R&D tax relief rules that will apply for accounting periods beginning on or after 1 April 2023. | |
| |
| |
| |
James Cowper Kreston is a leading firm of accountants and business advisers, with offices across the South of England. We deliver focused, innovative advice to a diverse range of businesses and individuals helping our clients to maximise their potential. If you would like to discuss any of the topics raised within this newsletter above, please contact our Business Tax team who are happy to help guide you through all the forthcoming changes.
Margaret Savory
E: msavory@jamescowper.co.uk T: +44 (0)7823 353597 | |
| |
| |
The information in this newsletter must not be relied on as giving sufficient advice in any specific case. | | | |
| |
| |
| |
| |
| |
.jpg)
