Autumn Statement 2025 | Expert Insights
Response on Innovation Taxes / R&D Tax Relief
This Budget signals a strong commitment to innovation and AI while maintaining stability in the R&D tax regime. The £2 billion investment in public compute, £137 million for AI in science, and faster grant decision ‑ making show a clear intent to accelerate discovery and strengthen the UK’s research ecosystem. Businesses can plan with confidence knowing the R&D framework remains steady. For Northern Ireland, the measures were concrete: £310 million for City and Growth Deals, a new Enhanced Investment Zone expected to create over 1,000 jobs, and targeted funding for the Belfast-Derry corridor and GB-NI trade. Together, these commitments from the UK Government to NI provide a genuine boost to our R&D ‑ intensive sectors, balancing ambition with certainty for companies investing in innovation.
Caroline Keenan Sumer Northern Ireland Tax Partner
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