Originally posted by northernladuk
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IR35 and Business on own Account
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merely at clientco for the entertainment -
Originally posted by northernladuk View PostIt seems funny that both small companies claim they carry out R&D. We had some quite interesting discussion about exactly what that is in IT and I seem to think it's unlikely many will be doing yet we have two in a week.
None goes to a client or is for a client...
i.e. R&D, surely all IT "contractors" spend some of their time doing and paying for things like this....
"funny" 2 certainly is a very large number........................
PS I am not claiming any sort of R&D tax relief..Comment
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Originally posted by pauljh View PostPS I am not claiming any sort of R&D tax relief..
We got Advanced Assurance for a project that turned out to be 18 man months, and for which we had to spend over £20K on specialised software. It was very helpful to us.Comment
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Originally posted by northernladuk View PostIt seems funny that both small companies claim they carry out R&D. We had some quite interesting discussion about exactly what that is in IT and I seem to think it's unlikely many will be doing yet we have two in a week.Comment
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Originally posted by monkeyhanger View PostIf you define R&D as employing one or more software engineers to develop products for sale, then yes, we are investing in R&D. Is there another definition of R&D?merely at clientco for the entertainmentComment
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Also, Advanced Assurance:
Research and Development tax relief: Advance Assurance - GOV.UK
This is not focused on software but is helpful:
http://www.hmrc.gov.uk/gds/cird/atta...impleguide.pdfComment
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Originally posted by eek View PostSee my post above - which tells you what HMRC look at when giving out the tax credits they have more budget for than claimants.
ThanksComment
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