Tax Reliefs for SMEs - Research and Development

Since R&D tax credits were introduced in April 2000 there have been numerous changes to the regime and there have also been a number of compliance issues, with HMRC looking more closely at claims.

This course is designed to take a detailed look at the R&D rules to include:

• The definition of R&D
• Subsidised expenditure
• Subcontracted R&D
• Payable R&D tax relief
• Expenditure on externally provided workers
• Capital allowances