Ridgefield Consulting's Accounting Advice

What are the 2023 R&D Tax Credits changes?

December 23, 2023 Ridgefield Consulting
What are the 2023 R&D Tax Credits changes?
Ridgefield Consulting's Accounting Advice
More Info
Ridgefield Consulting's Accounting Advice
What are the 2023 R&D Tax Credits changes?
Dec 23, 2023
Ridgefield Consulting

If you've been investing in research and development for the past few years, or you're considering a research and development project for the first time, then be aware of the big changes that came about in 2023. Not only did the Chancellor change the process of applying, he's also changed how much you can claim and on what. In this episode, Lauren will cover the key changes. 

Access our full article which is updated regularly: https://www.ridgefieldconsulting.co.uk/tax-guides/2023-rd-tax-credits-changes/

For more content like this, visit the 'Tax Guides' page on our website: https://www.ridgefieldconsulting.co.uk/tax-guides/

Sign up to our email newsletter for the latest tax and accounting articles: https://www.ridgefieldconsulting.co.uk/#newsletter

Show Notes Chapter Markers

If you've been investing in research and development for the past few years, or you're considering a research and development project for the first time, then be aware of the big changes that came about in 2023. Not only did the Chancellor change the process of applying, he's also changed how much you can claim and on what. In this episode, Lauren will cover the key changes. 

Access our full article which is updated regularly: https://www.ridgefieldconsulting.co.uk/tax-guides/2023-rd-tax-credits-changes/

For more content like this, visit the 'Tax Guides' page on our website: https://www.ridgefieldconsulting.co.uk/tax-guides/

Sign up to our email newsletter for the latest tax and accounting articles: https://www.ridgefieldconsulting.co.uk/#newsletter

Why have the government introduced 2023 R&D tax credits changes?
What are the 2023 R&D tax credits changes?
New 2023 R&D tax credits change in relief rates
New qualifying expenditure under the 2023 R&D tax credits changes
New notification process introduced in 2023
Additional information now required on R&D claims
Requirement for R&D activity to be based in the UK delayed until 2024
Get help with your R&D tax credits claim