R&D tax relief and the three-factor cap: what you need to know

The introduction of a cap on research and development (R&D) tax relief at three times the total of the companyʼs PAYE and NICs liability for that year is set to come into force in 2020 and could hit companies with a high R&D spend and low staff costs, despite protective measures, explains Stephen Relf ACA CTA

Registering for Accountancy Daily is easy and free! Enjoy special benefits including access to premium content and e-alerts by signing up today, if you are already a subscriber then please log in.

Sign up to Accountancy Daily Free and receive

  • Three premium articles every 30 days
  • Customisable ealerts
  • News and technical alerts
  • Vote on stories
Related Articles
Subscribe