I am hoping the Chancellor will today:
1. Give further clarity on the proposed changes to R&D relief, in particular sub-contractor and subsidised expenditure rules in a merged regime.
2. Confirm when the merged scheme will start - there have been many calls for at least a year's delay.
3. Announce that, for existing claims, HMRC will change its guidance on sub-contracting/subsidised expenditure to reflect the Quinn decision.
4. Give more details on the 'intensive R&D' sub-scheme.
Point 3. might be a bit too much to expect, but whatever does come out today, I will be covering in our webinar tomorrow - register below!
There's still a chance to join us!
Join us for our upcoming Autumn Statement webinar on Thursday, November 23 at 2pm where our expert panel will be giving a fundamental breakdown of everything covered 👉 https://bit.ly/3SEZCJp