Research and Development Tax Reliefs

4. Auflage 2026
ISBN: 978-1-5265-3628-0
Verlag: Bloomsbury Publishing PLC

Buch, Englisch, 368 Seiten, Paperback, Format (B × H): 156 mm x 234 mm

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

Autoren/Hrsg.

Kitt, Maria

Fachgebiete

• Rechtswissenschaften Ausländisches Recht Common Law (UK, USA, Australien u.a.)

Inhaltsverzeichnis

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

Über Autor(innen)

Kitt, Maria
Maria Kitt is a corporate tax partner at Tax Insight UK and has advised companies on R&D tax reliefs since the legislation was first introduced in 2000. Previously she was a corporation tax specialist in HMRC, with extensive experience of the HMRC R&D units. She has filed R&D claims on behalf of innovative companies from a wide variety of industries and circumstances. Maria is well known in R&D circles, lecturing and publishing numerous articles on the subject, as well as broader aspects of corporation tax, over a lengthy period.

Maria Kitt is a corporate tax partner at Tax Insight UK and has advised companies on R&D tax reliefs since the legislation was first introduced in 2000. Previously she was a corporation tax specialist in HMRC, with extensive experience of the HMRC R&D units.