Gavin Bate, senior manager, and David O'Keeffe, partner, KPMG LLP (UK)'s Tax Relief group, discuss sub-contracting, subsidy and collaboration and their effects on the R&D tax reliefs
Gavin Bate senior manager and David O'Keeffe partner KPMG LLP (UK)'s Tax Relief group discuss sub-contracting subsidy and collaboration and their effects on the R&D tax reliefs
When two parties are involved in an R&D project the contractual relationships between them can be crucial in determining who is eligible to claim the R&D reliefs and at what rate. A failure to pay attention to the terms of any contracts can greatly reduce the potential benefit of the R&D reliefs so care should be taken when setting up the arrangements rather than making an unwelcome discovery when the claim is to...
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Gavin Bate, senior manager, and David O'Keeffe, partner, KPMG LLP (UK)'s Tax Relief group, discuss sub-contracting, subsidy and collaboration and their effects on the R&D tax reliefs
Gavin Bate senior manager and David O'Keeffe partner KPMG LLP (UK)'s Tax Relief group discuss sub-contracting subsidy and collaboration and their effects on the R&D tax reliefs
When two parties are involved in an R&D project the contractual relationships between them can be crucial in determining who is eligible to claim the R&D reliefs and at what rate. A failure to pay attention to the terms of any contracts can greatly reduce the potential benefit of the R&D reliefs so care should be taken when setting up the arrangements rather than making an unwelcome discovery when the claim is to...
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:
