Source · Select Committees · Finance Bill Sub-Committee

Recommendation 2

2 Paragraph: 33

The Government’s postponement of a final decision on creating a single merged scheme of R&D...

Conclusion
The Government’s postponement of a final decision on creating a single merged scheme of R&D relief added to the uncertainty around R&D relief. Businesses can only start to prepare in earnest once a change is confirmed. The Government’s announcement of a prospective commencement date of an unconfirmed measure did not give businesses sufficient certainty to be able to plan effectively.
Paragraph Reference: 33
Government Response

A response document is linked to this report, dated 3 May 2024. Response attribution to this conclusion has not been verified. Read the response document ↗