UK HMRC has launched a public consultation on draft guidance covering changes to the Research and Development (R&D) tax reliefs due to be implemented on 1 April 2024. The deadline for comments is 1 March 2024.
---
Draft guidance: Research and Development (R&D) tax reliefs: new contracting out rules and overseas restrictions
Consultation description
At Spring Budget 2021, the government announced a review of the Research and Development (R&D) tax reliefs. The objectives wer…