Richard Lewis, of research and development tax relief specialists Pronovotech, argues the case for the extension of the relief to capital R&D projects
Richard Lewis of research and development tax relief specialists Pronovotech argues the case for the extension of the relief to capital R&D projects
In December 2005 the Treasury published its proposals for taking the research and development (R&D) tax incentive forward in 'Supporting growth in innovation: next steps for the R&D tax credit'. This was a response to the consultation paper published earlier in the year seeking ways in which the system could be enhanced. An exciting suggestion in the December document was the possibility of extending the enhanced relief to certain R&D projects where the expenditure is treated as capital for tax purposes in particular for small and medium-sized...
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Richard Lewis, of research and development tax relief specialists Pronovotech, argues the case for the extension of the relief to capital R&D projects
Richard Lewis of research and development tax relief specialists Pronovotech argues the case for the extension of the relief to capital R&D projects
In December 2005 the Treasury published its proposals for taking the research and development (R&D) tax incentive forward in 'Supporting growth in innovation: next steps for the R&D tax credit'. This was a response to the consultation paper published earlier in the year seeking ways in which the system could be enhanced. An exciting suggestion in the December document was the possibility of extending the enhanced relief to certain R&D projects where the expenditure is treated as capital for tax purposes in particular for small and medium-sized...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
