Source · Select Committees · Finance Bill Sub-Committee
Recommendation 9
9
Paragraph: 61
We acknowledge that the threshold test for R&D intensity creates a cliff-edge, but we recognise...
Conclusion
We acknowledge that the threshold test for R&D intensity creates a cliff-edge, but we recognise that many alternative approaches, such as tapering relief as R&D intensity decreases, could create more complexity. However, we welcome the announcement at Autumn Statement 2023 of a grace period to help mitigate this.
Paragraph Reference:
61
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 ↗