Budget 2020 - R&D Tax Relief changes

Press Release published by Kingly Brookes LLP, under Financial / Accounting, Investor, Management

Good news for companies claiming the R&D reliefs! As part of today's Budget policy changes the Chancellor has announced four changes affecting those companies that claim or will claim the R&D tax relief. The changes will affect claimants under both the R&D Expenditure Credit scheme and the SME scheme.

We have set these changes out in more detail and you can read about these by following the link below. 

Our view

These proposed changes demonstrate the Government's continuing desire to ensure that these reliefs are well targeted and effective in encouraging more R&D from innovative companies in the UK.

If you would like to know more about this, or discuss their application to your company, then please contact John Moore on 0207 292 8850 or at john.moore@kinglybrookesllp.co.uk

Read more detail on the changes here.


Kingly Brookes is a firm of expert accountants with a business edge specialising in R&D Tax relief and Patent Box tax relief claims.
Please contact John Moore on 0207 2928850 or john.moore@kinglybrookesllp.co.uk

Subscribe to the CW newsletter

This site uses cookies.

We use cookies to help us to improve our site and they enable us to deliver the best possible service and customer experience. By clicking accept or continuing to use this site you are agreeing to our cookies policy. Learn more

Start typing and press enter or the magnifying glass to search

Sign up to our newsletter
Stay in touch with CW

Choosing to join an existing organisation means that you'll need to be approved before your registration is complete. You'll be notified by email when your request has been accepted.

Your password must be at least 8 characters long and contain at least 1 uppercase character, 1 lowercase character and at least 1 number.

I would like to subscribe to

Select at least one option*