Research and Development - What You Need to Know Key Points

This course goes through both the tax reductions which can be achieved and the conditions which need to be fulfilled. This will include the recent changes to the patent box regime which introduce the concept of the nexus.

From the beginning of 2018, the Government increased the RDEC percentage to 12%, therefore making R&D claims even more beneficial. The course goes through the RDEC rules.
Content

This course will cover key points concerning:

• R&D scheme overview
• Enhanced relief
• Preparing a claim
• The SME scheme including the benefits 
• RDEC
• Qualifying costs
• Criteria for expenditure
• Qualifying for and giving effect to the patent box
• Other aspects