PBR05: Mixed bag for mid market says KPMG

The mid-market has profited from the PBR, according to KPMG, but changes only
amounted to ‘tinkering around the edges’ for making the UK a better place to do

Middle market tax partner Tom McGinness welcomed the further extension of R
&D tax credits by creating national innovation centres, and more flexible
VAT arrangements for startup companies.

But changes did not go far enough to ‘meaningfully’ reduce compliance
requirements for the mid-market.

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