Research and development expenditure
Abolition of relief
Above the line credit
Adjustments in calculating profits
Amount of
Anti-avoidance
Capped R&D qualifying expenditure
Claims
Commencement
Consequential amendments
Generally
Going concern
Group companies
Insurance companies
Interpretation
Large companies
PAYE and NIC liabilities
Payment of
Penalties for errors
Restrictions on payment
Returns
Small and medium-sized enterprises
Staffing costs
Sub-contracted R&D qualifying expenditure
Subsidised R&D qualifying expenditure
Surrender of credit to other group companies
Transitional provisions
Accounting periods, company not within charge to corporation tax
Artificially inflated claims
Availability of relief
Basic concepts
Cap on R&D aid
Actual reduction in tax liability, meaning
Calculation
Imposition
Notional relief, meaning
Potential relief, meaning
Tax credits, meaning
Claim for tax relief
Claims, HMRC specialist units
Clinical trials
Consumable items
Deductions
Externally provided workers, qualifying expenditure on
Amount of
Attributable expenditure
Connected persons
Generally
Meaning of externally provided worker
Groups of companies
Insurance companies
Intangible fixed assets, excluded
Intellectual property
Interest on overpaid tax
Large companies
Additional deductions
Basic concept
Contracted out R&D
In-house direct R&D
Independent R&D
Insurance companies
Meaning of large company
Qualifying expenditure
Threshold
Vaccine research
Negligence damages where adviser failed to notify relief availability
Overview
Payment made to associated company, staffing costs
Payment period
Prescribed activities
Qualifying bodies
Rates of relief
Recovery of excessive repayments
Refunds treated as income chargeable to tax
Relevant research and development, meaning
Repayment of tax credit
Research and development, meaning
Returns, claims in
Amendment or withdrawal
Content of claim
Generally
Time-limit for
Small and medium-sized enterprises, relief for costs
Additional deductions in calculating profits
Amount of tax credit
Capped expenditure
Consortium relief, restriction on
Entitlement to tax credits
Generally
Going concern basis
In-house direct R&D
Meaning of small or medium-sized enterprise
PAYE and NIC liabilities
Payment of tax credits
Pre-trading expenditure, deemed trading loss
Qualifying expenditure
Restriction on losses carried forward
Sub-contracted R&D
Subsidised expenditure
Surrenderable loss
Tax credits
Threshold
Vaccine research
Software or consumable items
Staffing costs
Attributable expenditure
Generally
Software or consumable items
Sub-contracted R&D to small and medium sized enterprises
Additional deductions
Qualifying expenditure
Threshold
Sub-contractor payments
Connected persons
Meaning
Qualifying elements
Sub-contractor, meaning
Subsidised expenditure
Trading expenditure, deductions
Generally
Payments to research association, universities etc.
Vaccine research