The headlines from the Autumn Statement 2023 and a more detailed summary. Covers National Insurance, Capital allowances, Business rates and R & D.
Autumn Statement 2023
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R & D
R & D
Hydrogen Strategy
Government announces first ever UK Hydrogen Strategy as part of its plans for a green industrial revolution and to achieve Net Zero by 2050.
Government publishes review of R & D tax relief regime
Government review of R& D tax relief indicates that the relief does promote R & D spending but that 51% of companies have never heard of it. Richard Coombs takes a look at the findings.
A warning not to cut corners on R&D claims
Craig Simpson, tax partner at Bates Weston stresses the need for rigorous attention to detail and issues a warning not to cut corners on R&D claimsÂ
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