Budget Report, economy uk, budget economic, Treasury, Corporate Tax, Pensions, reform, R&D, Research and Development - ukbudget.com

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Budget Report, economy uk, budget economic, Treasury, Corporate Tax, Pensions, reform, R&D, Research and Development - ukbudget.com
 

Research & Development allowances

The Research and Development Allowances (RDA) regime has not been changed. The commencement date of the general provision is not set out in the draft Statutory Instrument.
 

Our view
The changes in the capital allowance regime to reduce the plant and machinery rate from 25% to 20% will increase the value of the timing difference that arises on claiming Research and Development Allowances for capital expenditure on R&D which is often overlooked.