Update on contingent liability

Intelligent Ultrasound Group (AIM: MED), the intelligent ultrasound software and simulation company, is pleased to announce that HMRC has informed the Group that it will not be seeking repayment of R&D tax credits paid to its subsidiary, Intelligent Ultrasound Limited (“IUL”), for the periods ended 14 June 2013 through to 30 September 2016.

Read more…