This petition was submitted during the 2017 to 2019 Parliament
Closed petition Exempt Start-Up Businesses from the SME R&D Tax Credit Payment PAYE Restriction.
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At a time when Britain looks to lead the world in technological innovation, for many start-up businesses, the SME R&D Tax Credit payment provides a vital source of cashflow. Companies that are carrying out genuine R&D should not be penalised for being unable to afford to hire permanent staff.
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This petition will stay open until 8 May 2019.