New Forest

26/11/2018

R&D Tax Credit Restricted

The amount of repayable R&D tax credit for Small and Medium Sized Enterprises (SMEs) will again be restricted by the amount of the claimant company’s PAYE and NIC liability from April 2020.

The new limit will be set at three times the company’s total PAYE and National Insurance contribution (NICs) payment for the period.

For further information on R&D tax credits, please contact Richard Thorpe-Manley on 023 8046 1200.

Latest Tweets

From April 2020, rules regarding off payroll workers will apply to the private sector which will have significant implications for workers https://t.co/bhHEFbctDi

The buy-to-let market has seen a number of new tax changes implemented over the last few years, but are they starting to have a negative effect on the industry? https://t.co/cnKm4QkdXx

Let’s Talk

Why not arrange a FREE consultation and find out what we can do for your business.