CTA09/Ss.1125 to 1126B

Revenue expenditure incurred on consumable items employed directly in R&D on or after 1 April 2004 is qualifying expenditure. For expenditure incurred before that date, it is necessary to decide whether this was incurred on consumable stores (CIRD82450). Guidance on whether expenditure is capital or revenue is available at BIM35000 onwards.

The consumable items must be consumed in activity that constitutes R&D for tax purposes, which includes ‘qualifying indirect activities’.

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