Research and development tax relief – a technical update
Research and development tax relief is an area of growing interest to our members supporting companies carrying out innovation. The additional tax relief can, in some cases, make the difference between a project being commercially viable or not, so getting the tax relief correct is really important.
Research and development can present challenges to our members, many of whom have expressed concerns about the activities of some claims ‘specialists’ who offer to make research and development claims for clients, in some cases where it does not appear that qualifying expenditure within the meaning of the legislation is taking place.
Research and development is also an area where there is increased HMRC compliance activity, which can result in interest charges and penalties where a claim is inaccurate or not in compliance with the rules.
In this pre-recorded webinar in conjunction with our partners Markel Tax, you can find out about the latest developments, including the changing landscape and risks, how to spot those risks, and the importance of a technical report to support claims for research and development tax relief.
Key themes and topics
- Latest developments in research and development tax relief
- Changing landscape and risks
- How to spot those risks
- The importance of a technical report to support claims for research and development tax relief
Speakers
- Host: Chris Campbell CA CTA, Head of Tax (Tax Practice and Owner Managed Business Taxes)
- Justine Dignam Msc DipM FCIM, Director of Tax Incentives and Reliefs, Markel Tax
(Please note that views and opinions expressed by speakers at ICAS webinars are their own and not necessarily reflective of ICAS’ views.)
Who’s this for?
- CAs working in Tax
- CAs working in Business
- CAs working in Practice
- Students and non-members with an interest in tax relief for Research and Development
Counts as CPD activity
Depending upon your individual role and training and development needs, watching this webinar on-demand can count towards your annual Continuing Professional Development (CPD) requirement.