Threads / Research and Development Tax Reliefs / Corporation Tax: R&D tax credits - universities and chariti…
Policy Paper Published 8 Jul 2015 HM Revenue & Customs ↗ View on GOV.UK

Corporation Tax: R&D tax credits - universities and charities

This tax information and impact note affects universities and charities claiming the Research and Development Expenditure Credit (RDEC).

▤ Verbatim text from source document

This measure amends legislation so that universities and charities are unable to claim the RDEC, in line with the original intention of the policy. This is to ensure that the scheme remains effective and well-targeted to business research and development (R&D).