Market leading insight for tax experts
View online issue

Whose R&D is it?

 
Gavin Bate senior manager and David O'Keeffe partner KPMG LLP (UK)'s Tax Relief group discuss sub-contracting subsidy and collaboration and their effects on the R&D tax reliefs
 
When two parties are involved in an R&D project the contractual relationships between them can be crucial in determining who is eligible to claim the R&D reliefs and at what rate. A failure to pay attention to the terms of any contracts can greatly reduce the potential benefit of the R&D reliefs so care should be taken when setting up the arrangements rather than making an unwelcome discovery when the claim is to be submitted.
Background
 
When R&D tax credits were introduced in...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
EDITOR'S PICKstar
Top