R&D Insights Intro: The Easy Way to Be Informed

Research & Development Insights brings you regular, bite-sized videos accompanied by longer articles, each highlighting an aspect of claiming RDEC the new R&D tax relief scheme. Did you pick up that in mid-January 2025, HMRC finally published guidance and rules for new RDEC?

Key features of new RDEC: What You Need to Know

Are you ready to leverage the new RDEC for your company? This video dives into the key changes, including how much the RDEC expenditure credit is worth and what the payable tax credit cap is. It highlights other significant changes to contracting out rules and claiming for overseas R&D expenditure—crucial details revealed in future insights!

RDEC: Defining Qualifying R&D

This video and more detailed article, provides a clear and concise explanation of how to define qualifying R&D activities under the RDEC scheme. It covers essential topics such as 'scientific or technological advance,' the role of 'uncertainty' and effective documentation, helping businesses understand how to secure their RDEC claims.

R&D - What Costs Qualify?

Check what cost types qualify as expenditure for UK R&D claims. This article and summary video cover all the claimable cost types, offering practical tips for accurate apportionment and robust record-keeping. Whether you're a seasoned R&D claimant or new to the process, it’s worth checking your knowledge of what costs are covered.

RDEC Claims: A Guide to the Administrative Process

We explain how to successfully submit an RDEC claim from the administrative perspective, covering the two key steps: the online R&D Additional Information Form and the Company Tax Return, along with what to expect from HMRC after submission. Whether you're new to R&D claims or looking to refine your process, this video and more detailed article, offers a practical, easy-to-follow guide.

R&D Intensive Support - How does it work?

Make sure you understand ERIS (Enhanced Research & Development Intensive Support), the R&D tax credit incentive designed to boost innovation in loss-making SMEs. We break down the essentail things you need to know about ERIS. Including when RDEC may be a better choice even though you qualify for ERIS.

Contracted Out R&D - Who Claims?

We identify the key principles behind who can claim: Contractor or Client. This is imporant as the new RDEC contracted out rules are very different from the old SME and old RDEC rules. Understanding this is crucial for businesses engaged in R&D as new rules apply to all UK R&D tax credit claims for accounting periods from 1st April 2024, followed below by illustrative examples.

Examples: Contracted Out - Contractor Claims

See three scenarios which illustrate when the Contractor has the right to claim the R&D Expenditure Credit, on activities they undertake as part of contact delivery. These examples highlight the criteria that need to be examined to come to the correct decision. It’s not always as straight forward as a superficial reading of official guidance might imply.

Examples: Contracted Out - Client Claims

See three scenarios which illustrate when the Client i.e. the company hiring a Contractor has the right to claim the R&D Expenditure Credit, on activities undertaken by their Contractor as part of contact delivery. These examples clarify the rules, making complex tax regulations easier to understand, aiming to ensure you are making robust claims and not missing anything.

Claiming R&D on Overseas Expenditure - Rules and Restrictions

This video and article provide a comprehensive overview of the recent changes to the UK's RDEC scheme, focusing on the rules surrounding overseas expenditure. It clarifies the new limitations and outlines the specific exceptions that allow for claims, ensuring businesses understand how to comply without missing out on claimable overseas costs.

Examples - Claiming R&D on Overseas Expenditure

Building on the above video and article, we provide some practical examples to illustrate where there are exceptions to the new RDEC rules, restricting R&D claims for overseas expenditure. Our examples cover situations where geographical, environmental and regulatory conditions cannot be met in the UK. This information is essential for businesses looking to maximise their RDEC benefits, while adhering to the latest HMRC regulations.