Behnaz Rayati FCCA, BA (HONS): What qualifies as Research and Development?

Update by Behnaz Rayati FCCA, BA (HONS) , Expert Accounting & Finance
Accountant, Tax Adviser, Bookkeeper, Payroll Consultant, Part Time Finance Manager

2022/10/05

What qualifies as Research and Development?

R&D relief may be available for work that advances overall knowledge or capability in a field of science or technology, as well as for projects and activities that help resolve scientific or technological uncertainties.

In terms of R&D tax relief, R&D has a specific statutory definition that differs from commercial, engineering, or accounting definitions.

Come back tomorrow for more on R&D tax credits.

Contact Expert Accounting and Finance for further information or advice on R&D tax credits.

633d74be84191.pdf

PDF File Attached
0.67 MB Download

Send Email to Behnaz Rayati FCCA, BA (HONS)