The Research and Development (Qualifying Bodies) (Tax) Order, SI 2018/217, lists overseas bodies which are designated as ‘qualifying bodies’ for the purposes of the research and development expenditure credit (RDEC) scheme (and large company scheme).
Under these schemes, expenditure on sub-contracted R&D only qualifies for enhanced relief where any payments are made to a ‘qualifying body’. The order comes into force on 16 March 2018. The new list replaces the one contained in SI 2012/286.
The Research and Development (Qualifying Bodies) (Tax) Order, SI 2018/217, lists overseas bodies which are designated as ‘qualifying bodies’ for the purposes of the research and development expenditure credit (RDEC) scheme (and large company scheme).
Under these schemes, expenditure on sub-contracted R&D only qualifies for enhanced relief where any payments are made to a ‘qualifying body’. The order comes into force on 16 March 2018. The new list replaces the one contained in SI 2012/286.
