BIA submission to the R&D Tax Review

A review of the R&D tax environment was announced at the Autumn Statement 2016 to “look at ways to build on the introduction of the ‘above the line’ R&D tax credit to make the UK an even more competitive place to do R&D.” There has been no public consultation but the BIA has met with the Treasury officials leading the review and submitted this document as evidence to inform their thinking.