R&D tax credits fail to reach small tech companies

The government's R&D tax credits are failing to reach down to small businesses, according to internet service provider UKFast.

A recent study of UKFast's technology client base found that 72% were not taking advantage of the credits, and 45% were not aware they existed.

UKFast managing director Lawrence Jones commented: "Larger more established companies are enjoying the incentives.

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