Cird89500 - r&d tax reliefs: research and development expenditure credit scheme: r&d contracted to an sme - hmrc internal manual
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CIRD89500 - R&D TAX RELIEFS: RESEARCH AND DEVELOPMENT EXPENDITURE CREDIT SCHEME: R&D CONTRACTED TO AN SME -CTA09/S104A(3)(A) To qualify under the Research and Development Expenditure
Credit scheme the R&D must be contracted out to the SME by: * a large company, or * a person otherwise than in the course of a trade profession or vocation the profits of which are
chargeable to tax under Case I or II of Schedule D. The expenditure must be relevant R&D for the SME (CIRD81400) and be revenue expenditure incurred on either: * consumable items
CIRD82300, * consumable stores CIRD82450, * software CIRD82500, * staffing costs CIRD83000, * externally provided workers CIRD84000, * subjects of clinical trials CIRD84400. Or, work
contracted by the SME company to be directly carried out by: * a qualifying body (see CIRD82200), or * an individual, or * a partnership, each member of which is an individual. Previous page
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