In the UK, there is increasing demand for knowledge about the Research and Development Tax Credit Relief (RDTR) by accountants, tax advisors, and innovative companies alike. The UK government has pledged a continuing cash boost to innovative companies as part of its growth program. RDTR is a key part of this policy. The R&D tax credit system encourages and rewards investment in innovation by allowing costs, mainly for staff, on relevant projects to be claimed back as relief for corporation tax which can result in substantial savings. This book simplifies the UK legislative framework of the...

Research and Development Tax Reliefs, 2nd edition provides a completely up-to-date guide to claiming UK R&D tax reliefs. The Government is very keen to encourage further research and development in UK companies and at the beginning of 2016 a record number of companies have been recorded as making a claim. This new edition will give a summary of the key changes from the 2015 Finance Act, including the introduction of higher rates of relief for SMEs and pre-trading research and development companies. There is also coverage of the increase in the R & D expenditure credit (for large companies and...

Is your company making the most of R&D tax relief incentives? UK R&D tax reliefs are at their highest ever level following the Finance Act 2018 changes. This book provides an up-to-date guide to claiming UK R&D tax reliefs effectively. The government’s initiative to encourage innovation and inward investment in research and development gives the incentives new permanence and importance, as the reliefs embrace all types of business irrespective of size. Research and Development Tax Reliefs, Third Edition contains an insightful analysis of these important and complex corporation tax...