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Spring Budget 2023 - it's good news

The Spring Budget 2023 has brought some welcome news for the life sciences and biotechnology sectors.

Research and development (R&D) tax reliefs for SMEs have been refined and will offer some much-needed support for these industries. The Treasury’s policies announced in Spring Budget 2023 are now beginning to match the Government’s rhetoric around creating a UK science and technology superpower.

Below is a summary of points of most interest to life sciences and technology companies...

Read Spring Budget 2023 analysis.

 

Confluence Tax

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Confluence Tax is a trading name of Frazier & Deeter UK LLP, a limited liability partnership registered in England and Wales with company number OC425491. Registered office Tower 42, 33rd Floor, 25 Old Broad Street, London EC2N 1HQ, UK

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