Research and Development - The New Regime

The new R&D regime commences for accounting periods commencing on/after 1 April 2024 and will rewrite the rules which have operated for the last 20 years.

This course will take a detailed look at the new regime and will specifically cover the following:

• The new R&D Expenditure Credit, the default regime going forward.
• The new regime for loss-making R&D intensive SMEs.
• The definition of R&D and the ongoing compliance by HMRC.