Tag: RDEC

Official: RDEC is the Most Effective Innovation Investment Incentive
Finance

Official: RDEC is the Most Effective Innovation Investment Incentive

Reports commissioned by HMRC suggest that the research and development expenditure credit (RDEC) scheme is the most effective incentive for encouraging additional investment in R&D.

Three research reports published on 17 November evaluate the economic impact of the RDEC, SME R&D tax relief, and patent box regimes. The reports suggest that all the regimes encourage investment, although the overall impact on the economy of this additional investment is unclear.

According to the reports, the RDEC generates between £2.42 and £2.70 for each £1 cost to the exchequer, while the support for SMEs generates between 75p and £1.28. The patent box … Read More »

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