Research & Development Tax Environment

22/02/2017

Research & Development Tax Environment

Research & Development Tax Environment

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The government is reviewing the tax environment for R&D, which will conclude at the Spring Budget on 8th March. The CPA will be working closely with the CBI and other trade associations to share and align messages and finalise a policy position in the following areas:

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•           The competitiveness of the UK’s tax environment for R&D
•           Measures to increase the effectiveness of the system
•           Aspects of the regime most important to business
•           How tax influences decisions on R&D and location
•           The capital allowance for R&D.

For further information or to contribute to the formulation of a policy position, please contact the CPA’s Head of External Affairs at jeff.may@constructionproducts.org.uk.