TIOPA10/S407(3)(b),(c)

Deductions for relief for expenditure on research and development under CTA09/S1044, s1063, s1068 or s1087, are excluded from the calculation of adjusted corporation tax earnings when determining a company's tax-EBITDA.

R&D Tax Relief for SMEs

An SME company may claim an additional deduction of 130% of qualifying expenditure incurred on research and development where the R&D is related to a trade which that company carries on or subsequently commences. This additional deduction may also be claimed where a SME company makes a qualifying payment to a subcontractor to carry out the R&D on their behalf.

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