.png)
.png)
Genuine proposal
Key points
- Overseas companies can claim UK research and development tax relief but the application of the rules to a UK permanent establishment of an overseas company can be difficult.
- Using a UK company addresses several of the pitfalls but cross-border intragroup arrangements can still raise challenges.
- HMRC is concerned about abuse of tax relief by companies artificially set up to claim when they have little or no employment or activity in the UK.
- It is important for genuine companies to be able to evidence the factual basis in support of their claim.
- Structuring and documenting arrangements correctly can have a significant impact on the support available.
The UK’s research and development (R&D) tax incentive regimes are designed to promote private sector investment in innovation. Small and medium-sized enterprises...
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.
