5 September 2024

The effectiveness of R&D tax relief in the life sciences sector - methodological note

BIA has worked with economists from London Economics to identify a new methodology to more accurately capture the full extent of R&D tax relief impact in the life science sector. 

The development of a more robust and comprehensive evidence base is an important step in ensuring that R&D tax reliefs remain appropriately valued and will allow the government to make more informed policy decisions and the best use of taxpayer money when public finances are under pressure.