Procedure in relation to Research and Development (R&D) Tax Credit

Tax and Duty Manual Part 29-02-03, which includes the Research and Development Tax Credit guidelines, has been updated in Appendix 4 for a number of issues. The key updates are:

• inclusion of a template file layout to support an R&D tax credit claim
• examples on qualifying R&D in the BioPharma and Generic Pharma industry
• clarification of the treatment of seconded employees
• clarification on outsourced R&D.

The contents of Tax and Duty Manual Part 29-02-07 have also been incorporated into this manual.

06 March 2019