Consultations & legislation
R&D tax credits
Issued: 29 November 2010
Open date: 29 November 2010
Close date: 22 February 2011
The Government is consulting on the support R&D tax credits provide for innovation and the proposals of the Dyson Review.
The Government has published Corporate Tax Reform: Delivering a more competitive system. Further information on this document is available on the Corporate Tax Reform page.
As part of this document, the consultation on Research and Development Tax Credits reaffirms the Government’s commitment to retain and build on the existing R&D tax credit scheme to create the right environment for innovative companies to prosper. This part of the document is available below
Evaluation
HM Revenue & Customs have published an evaluation of research and development tax credits (PDF 318KB), which may help inform responses to the consultation process.
Contact us
E-mail:In addition, if you are not already on the distribution list and would like to be informed of R&D tax credit updates then please email Jenn Payne.
PostJennifer Payne or Timothy Power
Excise and Enterprise Tax
HM Treasury
1 Horse Guards Road
London
SW1A 2HQ
Further Engagement
If you are interested in involvement in any part of the corporate tax reform consultation, you can find further information in the engagement strategy Chapter 5 of Part I: The Corporate Tax Road Map.
Research and Development tax credit consultation eventsA series of consultation events were held in Birmingham, Cambridge, Cardiff, Glasgow, London and Manchester. These were organised in conjunction with the Department for Business, Innovation and Skills, to help gather the views of interested parties. Thank you to those who took the time to engage with these events.
Working groups
A number of working groups will be established to focus on detailed policy issues.
The R&D tax credit consultation working group has been established to support policy development, membership details are listed below.
- Brian Chapman (BAE)
- Peter Denison-Pender (Alma Consulting)
- Tom Wills-Sandford (Intellect)
- Tim Bradshaw (CBI)
- David O’Keefe (CIOT)
- Brian White (Deloitte)
- Diarmuid MacDougall (PwC)
- Frank Buffone (E&Y)
- Gavin Bate (KPMG)
- Adrian Maunder (IBM)
- Mark Peacock (EISAI)
- Joseph Wildy (BIA)
- John Moore (Kingly Brookes)
The first meeting of the working group was held on Friday 14 January 2011. Please find minutes of this meeting below.
R&D tax credit consultation working group meeting: 14 January 2011 (PDF 196KB)
The membership list and meeting minutes of each working group will be published on this website, along with any other related updates on this consultation.
Strategic overview of all elements of the corporate tax reform consultation will be provided by a Corporate Tax Road Map liaison committee. Details of this committee, when established, and minutes of committee meetings will be available on the corporate tax reform page.
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