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Piecemeal R&D tax relief reforms ‘may hurt investment confidence’

Tax adviser bemoans “complexity” of reforms as Treasury launches consultation on R&D tax relief changes

The “complexity” of piecemeal changes to R&D tax credits could knock businesses’ confidence when making R&D investment decisions, a tax adviser has said.

Her comments come as the Treasury launched an eight-week consultation on proposals to simplify the UK’s R&D tax relief system.

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