Paymaster General Dawn Primarolo this week announced new measures which will provide government help to more companies doing research and development work.
More small companies will qualify for finance due to improvements to the research and development tax credits scheme. All companies carrying out relevant research and development work will benefit from the new scheme and will be able to extend the credit to an increased range of qualifying expenditure.
Ms Primarolo, Paymaster General said "The support provided to UK companies for research & development activity is among the best in the world. This further boost will extend that support to more companies, increasing innovation and productivity."
Call your local tax office for more information or tel 020 7438 6420 Web: www.inlandrevenue.gov.uk
