Talk 35: Research and development allowances

In this final video of the series, capital allowances specialist Ray Chidell provides an overview of the rules for research and development allowances.

Ray explains how the concept of research and development is defined, and shows that it can be broad enough to cover expenditure on assets such as cars. He looks at the statutory definition of qualifying expenditure, and the required link between the trader and the research that is being undertaken. Finally, Ray shows how allowances are given and how they may be recaptured in some circumstances.

The 2015-16 editions of Ray’s two capital allowances books are now available from: http://www.claritaxbooks.com.

This talk was sponsored by Six Forward Capital Allowances.

© Claritax Books, 2015

Видео Talk 35: Research and development allowances канала Claritax Books