Research and development expenditure credit

• Details
• Tagged entities

Properties

Alt label

• RDEC

SES ID

• 428774
• 428776

Notation

• 428774

In scheme

• Subject

Broader

• Tax allowances

Definition

• Ran in parallel with Research and development tax credit from 2013 to 2016 and then replaced it on 1 April 2016. Scheme whereby large companies can claim a 10% credit of their qualifying expenditure on research and development.