Only textile companies that are involved in leading edge research and development (R&D) will be eligible tor the new R&D Tax Incentive, according to a leading consultant.GERRY FRITTMAN, TCF Services managing director, said fashion businesses were unlikely to qualify due to the criteria for the scheme."Under SIP, what was innovative for a firm was considered for funding but this new program is about conducting R&D on a world level as an industry," he said.
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