19
Jan
In a consultation document published on 13 January, the government said that there was "justification to the case for further support" of small and medium-sized businesses (SMEs). Following plans to eliminate an existing incentive, the government has proposed introducing R&D tax breaks for SMEs. In November's autumn statement, Chancellor Jeremy Hunt reduced R&D incentives and rebalanced investment incentives in favour of larger companies, sparking a backlash from...
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