Above-the-line R&D tax credit brings incentives – but not for all
Tuesday, July 10, 2012 | Posted by: Grant Thornton
Categories:
Tax,
Technology sector
| Tags: tax relief,
R&D,
Budget 2012,
Research & Development,
ATL,
Above the line,
Chris Harrison
Large companies are facing a change in the way they receive tax relief on qualifying research and development (R&D) activity. Chris Harrison, a member of the Treasury’s Consultative Committee, welcomes the new ‘above the line’ tax credit but says that the proposals as they stand are not suitable for everyone.
