Graeme Blair on R&D tax credit rates
From The merged R&D scheme - What you need to know · · GoodmanJonesLLP
“So if I understand it correctly, the SME scheme is almost coming to an end and everyone was being ported into the large company scheme with the practical impact that SMEs will be claiming lower rates. Is that a fair reflection?”
On , Graeme Blair, Head of Group Finance at INNOSPEC INC, spoke about R&D tax credit rates during The merged R&D scheme - What you need to know on GoodmanJonesLLP.
About Graeme Blair
Graeme Blair, Head of Group Finance at Innospec, has been involved in discussions on UK R&D tax credit reforms and social science research methodology. In a November 2024 discussion, Blair asked about the practical impact of merging the SME and large-company R&D tax credit schemes, noting that historically there was a differential between the two. He inquired about the meaning of "R&D intensive," changes to subcontractor cost claims, and the treatment of overseas costs. He also asked about HMRC's approach to compliance, stating that his organization had not experienced the rejection of valid claims that had been reported in business news. Blair has also presented research on refugee reintegration in northeast Nigeria, describing a practitioner-researcher partnership with Mercy Corps. He stated that a key policy problem was communities' unwillingness to accept people returning from involvement with Boko Haram, citing a 2017 survey in which 90% of respondents felt returnees should be tortured. He discussed an intervention using audio messages from a senior Islamic cleric, which he said increased support for reintegration by 9 to 13 percentage points. He noted that attitudes toward former associates had improved by about 20 percentage points since 2017. Additionally, Blair has presented work on DeclareDesign, a software framework for declaring, diagnosing, and improving research designs through simulation, arguing that it helps researchers select well-powered designs and communicate their quality to readers and reviewers.