R&D Tax Relief - Uncovering Problem Areas & Requirements

Introduction

This virtual classroom session 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 live and interactive session will cover the following:

• Contracted out R&D
• Problems for SMEs
• What is a ‘qualifying body’
• Subsidised R&D and s1138(1)(c) CTA 2009
• Identifying R&D in practice
• Using technology
• Doing something no one has done before
• The ‘paid’ requirement for certain expenditure
• Accrued staff bonuses
• Employers’ Allowance/SSP/COVID-19 SSP
• Pensions - special contributions
• Consumables - Production
• Externally Provided Worker complexities
• Staff provider v staff controller
• Self-employed individuals & directors
• RDEC
• Tests/caps - How the carry forwards work?
• Qualifying Indirect Activities in practice
• SME definition - ‘Linked’ and ‘Partner entities
• Evidence to support a claim
• Relevant case law roundup

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.