Research and Development: with Patent Box 4th Edition

The UK’s special tax rules for R&D expenditure continue to offer valuable tax relief for companies. This book explains how the scope of the relief is wider than is often imagined, whilst also showing the statutory conditions that must be met for a successful claim. The book also demonstrates how the tax rules have developed in recent years.

New for this edition:

• New overview of current rules, with pointers to detailed commentary
• Details of new mechanics of making a claim
• Commentary on the new rules restricting non-UK expenditure
• In-depth coverage of the new merged scheme
• In-depth coverage of the new rules for enhanced R&D- intensive support (ERIS)
• Ongoing relevance of EU state aid principles
• Amended rules for cloud computing and data storage costs
• Details of the additional information requirement
• Amended rules for advance assurance
• Details of the claim notification form requirement
• New HMRC approach to enquiries
• Overview of recent tribunal decisions relating to HMRC enquiries
• Commentary on Patent Box updated to reflect regime as it currently applies, with older material now removed