Research and Development Tax Reliefs (Paperback) (ISBN-13: 9781526536280)

UK R&D tax reliefs are among the most effective and generous tax allowances in the world. Yet many companies, entitled to the incentive, do not claim reliefs that are due, either through a lack of awareness or because the reliefs seem complex or inappropriate to their business. But the significant increases in the value of the incentive, and the widened variety of sectors claiming, make the UK's R&D tax relief code even more important. At the same time, the growth in HMRC powers and penalty-based tax regime highlight the importance of accurately documented claims.

This comprehensive commentary brings together the many aspects of the R&D tax relief framework and its alternatives into a readable and manageable reference point. It includes the latest extensive Finance Act changes as well as technical case law analysis and updates and linked examples and calculations. Topics covered in this update include:

Relevance and usefulness of the new reliefs,
Legislative structure and design
Case studies setting out the benefits and technical areas of computation and eligibility
Guide to compliance with HMRC and EC regulations and requirements
Definition of RD for tax purposes, synergy with accounting IAS, FRS definitions and Audit regulations
Up to date Case Law guide
HMRC interpretations and approach to claims including Advance Assurances
Evaluation of alternatives to tax funding, grants, collaborative funding etc
Performance of the UK RD sector globally
Basic examples for intending science and technology companies to claim reliefs compliantly

Author: Maria Kitt
ISBN-10: 1526536285
ISBN-13: 9781526536280
Publisher: Tottel Publishing
Language: English
Published: 09/17/2026
Pages: 368
Format: Paperback
Weight: 1.00lbs
Size: 9.21h x 6.14w x 1.00d