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Research and Development Tax Reliefs: Bloomsbury Professional

Autor Maria Kitt
en Limba Engleză Paperback – 27 aug 2026
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 edition 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, and collaborative funding
- Performance of the UK R&D sector globally
- Basic examples for intending science and technology companies to claim reliefs compliantly.
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Specificații

ISBN-13: 9781526536280
ISBN-10: 1526536285
Pagini: 368
Dimensiuni: 152 x 232 x 22 mm
Greutate: 0.58 kg
Ediția:4
Editura: Bloomsbury Publishing
Colecția Bloomsbury Professional
Seria Bloomsbury Professional

Locul publicării:London, United Kingdom

Cuprins

1. Introduction - the UK's innovative economy
2. The research and development tax relief framework
3. The definition of research and development for tax purposes
4. The R & D Merged scheme - UK R & D relief post April 2024
5A. Legacy Schemes - UK R & D relief for large companies pre April 2024
5B. Legacy Schemes - UK R & D relief for SME companies pre April 2024
6. Claim administration
7. Case studies and examples
8. The innovation gap - Grants for research and development
9. Worldwide trends in research and development
Appendices

Caracteristici

Includes the publication of the Finance Acts 2011 and 2012 Corporate Road Map for R&D and the 2013 Finance Bill proposals

Notă biografică

Maria Kitt is well known in Research and Development circles and from the various titles published on the relief in Taxation. She has filed R&D claims on behalf of clients since the relief was introduced. She has filed claims for companies drawn from a wide range of industries and in a wide range of corporate circumstances. This has included special tax considerations, such as Transfer Pricing and Grouped R&D companies, as well as UK companies with substantial non UK based operations.Having worked in HMRC for eleven years, the Maria has first-hand experience of the R&D Units, and how these have evolved into their present function.