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Brown piles on the tax credits

The responses to the UK budget are piling in. Deloittes has put out a press release UK business to welcome R&D extension in 2007 Budget announcement. Not a lot of detail beyond the quote that: 
"This has gone further than we expected and along with the establishment of the specialist R&D units reflects the Government’s enthusiasm for encouraging innovative activities in the UK.  Even after taking into account the various changes in the corporation tax rates in the coming years, the net benefit of the relief should be greater for SMEs and Large companies."
The Royal Society...


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