New UK Panel Created to Advise on R&D Tax Relief Measures

The UK tax authority appointed six independent industry specialists to a new Research and Development Expert Advisory Panel, and launched an online guidance tool to help businesses check if their projects qualify for R&D tax relief before submitting claims.

The panel of experts from sectors like manufacturing, technology, life sciences, and AI will provide insight to enhance the administration of R&D tax relief measures, advise on emerging trends, refine guidance, and improve communications, His Majesty’s Revenue & Customs said Wednesday. The interactive online tool allows businesses to assess if their projects involve legitimate R&D activities eligible for tax relief, ...