R&D Tax Relief - Uncovering Tricky Problem Areas & Requirements

Introduction

This in-person seminar will explore the more advanced aspects of UK R&D tax relief, in particular contracting and subsidy issues and uncovering problem areas and requirements.

There will be practical examples and relevant case law for you to consider together with details of the R&D calculation itself and the evidence required to support a claim.

What You Will Learn

This in-person course will cover the following:

• Identifying R&D in practice
• BIS Guidelines
• Qualifying Indirect Activities in practice
• Case study
• Staff costs
• Apportioning to R&D
• Employers’ Allowance and SSP
• Accrued staff bonuses
• Software and Consumables
• ‘Production’ issues
• Externally Provided Workers
• Staff provider v staff controller
• Self-employed individuals & directors
• The ‘paid’ requirement for certain expenditure
• Contracted out R&D
• Problems for SMEs
• What is a ‘qualifying body’
• Subsidised R&D and s1138(1)(c) CTA 2009
• HMRC challenges
• Contracted/Subsidised case study
• SME definition
• ‘Linked’ and ‘Partner entities
• Linked through natural persons
• Worked example
• Growing/shrinking companies
• RDEC
• Tests/caps - How the carry forwards work?
• Worked example
• Evidence to support a claim
• Relevant case law roundup