The question of whether an item is capital or revenue can be complex. It is important to gather as many details as possible to get to the crux of the issue.
10 key points that we use at Easy R&D, as we prepare claims with our clients:
If you have any questions on how to recognise revenue or capital expenditure in an R&D tax relief claim, our expert team are here to help.
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Every customer and every claim we work with benefits from our deep expertise in how HMRC manages R&D tax credit applications.