UK HMRC has announced the launch of a consultation on the design of a single, simplified research and development (R&D) tax relief scheme, merging the existing research and development expenditure credit (RDEC) and the small and medium enterprise (SME) R&D relief. --- R&D Tax Relief Reform Consultation Launched The Government has today (13 January) launched a consultation to simplify the UK’s R&D tax relief system, drive innovation and grow the economy. R&D tax relief reform set to simplify the system and help grow the economy Clearer information about how much relief business will receive to be offered up front, helping...