Understand the recent changes made to the UK R&D schemes.

Discover how the R&D tax credit regimes are evolving, with significant changes having come into effect over the last 12 months and further changes expected in 2024.

In his Spring Budget 2023, the UK Chancellor sought to deliver on three key priorities of the government: grow the economy, reduce inflation and ensure that government debt falls.

Changes announced to comply with international tax reform.