UK HM Treasury has launched a public consultation on the scope of qualifying expenditures for R&D tax credits. The consultation description includes the following:
- R&D tax credits are a core part of the government's support for innovation. The tax credits support innovative businesses as they invest, driving growth and productivity across the UK.
- Spring Budget 2020 announced that the government would consult on what costs companies can include in R&D tax credit claims, and wheth…