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Enterprise & productivity
20 July 2005
The R&D tax credit plays an important part in the Government's strategy to boost business R&D. The intention of this discussion paper, announced at the Budget, is to engage the business community as to how the improvement in the delivery of the credit can be maintained and built upon. Furthermore, the paper opens a dialogue as to how best the R&D tax credit can be enhanced to support the future world-leading, innovative firms and contribute to the Government's goal of raising overall levels of R&D in the economy from the current level of 1.9 per cent to 2.5 per cent of GDP, by 2014.
The document is available below to download in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page .
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PDF file of Supporting growth in innovation: Enhancing the R&D tax credit
