In two recent cases, the tribunal approached the question of what was qualifying research in a way that supports taxpayers’ claims, if the right evidence is presented, writes Thomas Chacko (Pump Court Tax Chambers).
Two recent FTT decisions on research and development (R&D) allowances – Get Onbord Ltd (in liquidation) v HMRC [2024] UKFTT 617 and Tills Plus v HMRC [2024] UKFTT 614 – hopefully show a greater level of realism about the difficulties for taxpayers in demonstrating their eligibility. They are also useful guides to how evidence to support R&D claims should be gathered and presented.
Research and development
R&D allowances are provided for in CTA 2009 Part 13. CTA 2009 s 1041 applies the meaning of ‘research and...
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:
In two recent cases, the tribunal approached the question of what was qualifying research in a way that supports taxpayers’ claims, if the right evidence is presented, writes Thomas Chacko (Pump Court Tax Chambers).
Two recent FTT decisions on research and development (R&D) allowances – Get Onbord Ltd (in liquidation) v HMRC [2024] UKFTT 617 and Tills Plus v HMRC [2024] UKFTT 614 – hopefully show a greater level of realism about the difficulties for taxpayers in demonstrating their eligibility. They are also useful guides to how evidence to support R&D claims should be gathered and presented.
Research and development
R&D allowances are provided for in CTA 2009 Part 13. CTA 2009 s 1041 applies the meaning of ‘research and...
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:
