
R&D Tax Relief: Key Updates on Subcontracting Rules for SMEs
In the ever-evolving landscape of tax incentives, R&D tax relief plays a pivotal role in fueling innovation, driving technological advancements, and supporting economic growth. Particularly for small and medium-sized enterprises (SMEs), understanding the nuances of R&D tax relief is key. Recently, HMRC has provided clarity on a topic that has long been a source of