Consultation response: The scope of qualifying expenditures for R&D Tax Credits

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Our approach and strategic, cross-sector network linking universities, business and government is unlike any other. We bring our members together to leverage the skills and talent fostered by our universities and to strengthen further the UK’s world-class research and development.

In October 2020 the Government ran a consultation titled “The scope of qualifying expenditures for R&D Tax Credits” and NCUB submitted a response. The consultation sought views from R&D tax relief claimants and other stakeholders on the scope of costs eligible for tax credits.

R&D tax credits form a core part of the Government’s support for innovation. The tax credits support innovative businesses as they invest, driving growth and productivity across the UK.