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Research and Development (R&D) tax relief has played a pivotal role in fostering the spirit of innovation by incentivising businesses to invest in cutting-edge research and technological advancements. However, recent shifts in R&D tax credit restrictions have cast a shadow of uncertainty over the landscape, leaving businesses grappling with the implications for their R&D claims. Understanding these restrictions can redirect efforts and help businesses make informed decisions while filing their claims to maximise outcomes.
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