Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Income tax credit

v3.23.3
Income tax credit
6 Months Ended
Jun. 30, 2023
Major components of tax expense (income) [abstract]  
Income tax credit

6. Income tax credit

 

The income tax credit recognized primarily represents the U.K. research and development tax credit. In the United Kingdom, the Company is able to surrender some of its losses for a cash rebate of up to 10% of expenditure related to eligible research and development projects.