The scope of qualifying expenditure for R&D Tax Credits

By Technical Team on 30 Jul 2020

On L-Day, the government published a consultation exploring the scope of qualifying expenditure for R&D tax credits, which was trailed at the Budget.  Specifically, the consultation is looking at whether expenditures on data and cloud computing ought to qualify for relief. The consultation document adds that the government is not inviting views on the internationally agreed definition of R&D itself. 

Please send any comments to technical [at] ciot.org.uk by Friday 25 September.