Source · Select Committees · Business, Innovation, Science and Trade Committee

Recommendation 3

3 Paragraph: 19

Whilst we recognise some of the challenges associated with the previous R&D tax credits scheme,...

Recommendation
Whilst we recognise some of the challenges associated with the previous R&D tax credits scheme, we call on the Government to conduct an annual review of the impact of recent changes on overall R&D investment in the UK to ensure that any unintended consequences can be remedied quickly.
Paragraph Reference: 19
Government Response

A response document is linked to this report, dated 7 September 2023. Response attribution to this recommendation has not been verified. Read the response document ↗