New guidelines on research and development

The Government has published new guidelines on research and development, defining the meaning of R&D for all UK tax purposes for the first time since 1945. The Inland Revenue will now issue new regulations which Trade and Industry secretary Stephen Byers claims will make it easier for companies in a wide range of sectors to […]

The Government has published new guidelines on research and development, defining the meaning of R&D for all UK tax purposes for the first time since 1945. The Inland Revenue will now issue new regulations which Trade and Industry secretary Stephen Byers claims will make it easier for companies in a wide range of sectors to enjoy tax benefits for their R&D activities.

Copyright: Centaur Communications Ltd. and licensors