R&D Tax Reliefs - Advanced Update

Objectives

By the end of the session, attendees should:

• Understand the key legislative updates to Research and Development (R&D) tax reliefs.
• Understand how to identify and manage common complexities when advising on R&D tax reliefs.
• Have a good awareness of HMRC’s compliance approach to R&D and how to effectively manage risk when preparing R&D claims.
• Know where to find relevant guidance on key R&D tax topics.

Key Topics

• The merged RDEC (R&D Expenditure Credit) scheme and ERIS (Enhanced Relief for R&D Intensive SMEs) – eligibility criteria, calculating qualifying expenditure and mechanism of relief.
• Filing R&D tax relief claims – managing the CNF (Claim Notification Form), AIF (Additional Information Form) and CT600L.
• Technical reports – describing R&D projects, identifying competent professionals, records and evidence.
• Compliance checks – common questions, errors and risks.
• Navigating HMRC’s new guidance on R&D tax reliefs and recent case law.

Who Should Attend 

Partners and managers familiar with R&D tax reliefs and requiring a more advanced update, particularly covering recent changes and practical considerations.

The session will not cover the basic criteria for R&D relief and is targeted at advisers who already provide R&D tax advice to clients.