Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

There for the taking

30 November 2010
Issue: 4283 / Categories: Comment & Analysis , Business , Companies , Income Tax
NIGEL HOLMES exhorts more companies to consider making claims for R&D relief
  • KEY POINTS
  • Tiny proportion of companies claim R&D relief.
  • Pre-trading qualifying costs can be deductible.
  • Consider the development aspects and government grants.
  • Regular claims over the years are cost-effective.

On 29 October 2010 HMRC published the most recent statistics for company claims for research and development (R&D) tax relief and the related vaccines relief. These statistics were published in terms of both the number of claims and the size of the claims.

While the number of claims continues to rise from 2000/01 to 2008/09 (being the most recent data) barring a small fall in 2005/06 the small total of claims continues to astound me.

The Number of claims table shows the total number of claimant companies including the small and medium-sized enterprise (SME) scheme the large companies scheme...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, 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 item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon