Reply to post: Re: Confederation of British Hypocrites

UK PM Theresa May's £2bn in R&D still a drop in the ocean

David Dawson

Re: Confederation of British Hypocrites

Perhaps we need to emulate the australian example (other countries too) where R&D spend gets a 150% tax credit.

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Like this https://www.gov.uk/guidance/corporation-tax-research-and-development-rd-relief

Yep, exists here already. Lots of accountants specialise in the area, taking a percentage of the gain.

If you're particularly innovative, you can end up being owed money by hmrc.

Keep up guys.

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