Budget

Budget changes to R&D Relief

There are 3 changes coming to R&D relief following this year’s Budget announcements. On the face of it they all sound fairly innocuous but a lack of detail at present leaves me slightly concerned about the third change. The changes are: Vaccine Research Relief (VRR) is to be abolished for expenditure incurred on or after [...]

By David O'Keeffe|March 16th, 2016|Budget, R&D|

Summer Budget 2015

The Chancellor, George Osborne, delivered his first Budget of the new Parliament today. As well as being the first of this new Parliament, it was also the first Budget of a majority Conservative Government since November 1996. This is, of course, the second budget of 2015, the first having been delivered in March, before the [...]

By David O'Keeffe|July 8th, 2015|AIA, Budget, Capital Allowances, Intangible Assets, R&D|