<p>➀ The US 'Big Beautiful Bill' proposes allowing companies to immediately deduct 100% of domestic R&D expenses (2025-2029), boosting cash flow and innovation incentives;</p><p>➁ The UK’s RDEC offers a 20-30% tax credit, but complex claims processes and policy changes have stifled innovation, with R&D spending at 2.8% of GDP vs. 3.4% in the US;</p><p>➂ A 100% same-year tax credit in the UK could mitigate the current system’s negative impact on innovation and align with increased government R&D funding plans.</p>