HM Revenue & Customs is reforming research and development tax reliefs to improve administration and support innovation investment across the UK, including enhanced support for Northern Ireland companies. The reforms include advance clearance procedures and administrative changes affecting creative industries and R&D-intensive businesses. Current status involves consultation on advance clearance processes and implementation of administrative improvements.
In response to: VAT and Insurance Premium Tax: change to reliefs for qualifying motor vehicle leasing sch…
This tax information and impact note is about 3 administrative changes to the Corporation Tax reliefs for Research and Development (R&D) and creative industries.
This measure is about an amendment to the Research and Development (R&D) tax relief rules for companies with a registered office in Northern Ireland.
In response to: Amending the rules in the enhanced support for Research and Development intensive small o…
These measures combine the current Research and Development Expenditure Credit (RDEC) and R&D SME scheme into a merged scheme, implement the enhanced support for R&D intensive SMEs and restrict the use of nominations and assignments for R&D tax credit payments.
This tax information and impact note relates to reform of Research and Development Tax Relief.
In response to: Additional tax reliefs for research and development (R&D) intensive small and medium-size…
This technical note gives details of a new higher Research and Development payable credit rate for Research and Development intensive small and medium sized enterprises.
Following the review of R&D tax reliefs launched at Budget 2021, the government announced changes to the reliefs at Autumn Statement 2021 to incentivise R&D using modern computational approaches and to tackle abuse and improve compliance.
This tax information and impact note is about changes to the R&D Tax reliefs.
This measure introduces changes to the Research and Development Tax Relief entitlement and processes.
In response to: Preventing abuse of Research and Development tax relief for small and medium-sized enterp…
This measure introduces a limit to prevent the abuse of Research and Development (R&D) tax relief for SMEs.
This Tax Information and Impact Note is about the change to the rate of Research and Development Expenditure Credit.
This tax information and impact note deals with the increase to the rate of research and development expenditure credit announced at Autumn Budget 2017.
This technical note clarifies aspects of HM Revenue and Custom`s (HMRC`s) view of the legislation that provides tax relief for decommissioning expenditure.
This tax information and impact note applies to companies that carry out R&D into prescribed types of vaccine and other medicine.
This tax information and impact note applies to small and medium-sized companies (SMEs) making claims for Research and Development (R&D) tax relief within the SME scheme.
This tax information and impact note affects universities and charities claiming the Research and Development Expenditure Credit (RDEC).