Article ID: 918
Last updated: 05 Oct, 2020
When you make a claim for research and development (R&D) enhanced expenditure for small and medium sized enterprises (SME's), you need to enter figures to adjust the computation to receive relief for the additional 130% of qualifying costs. If there is a loss, you may also need to make a claim to surrender any losses, to receive the 14.5% credit. If you are claiming the research and development expenditure credit (RDEC) for large companies, or you are claiming for an SME that has sub-contracted for a large company, please read our knowledgebase article on How do I enter a Research and Development Expenditure Credit (RDEC) on my CT600? Entries for SME enhanced expenditure claims can be made in SimpleStep or HMRC Forms mode, as follows. CT600 (Version 3 for periods commencing after 1 April 2015)SimpleStep mode
Computational adjustmentThis is the where the difference between the 100% that you claimed in your accounts as the expense, and the total calculated enhanced expenditure (230%) is entered. The additional 130% is claimed as an adjustment to profit.
Surrendering the loss
Claiming repayment for the credit
HMRC Forms mode
Computational adjustmentThis is the where the difference between the 100% that you claimed in your accounts as the expense, and the total calculated enhanced expenditure (230%) is entered. The additional 130% is claimed as an adjustment to profit.
Surrendering the loss
Claiming repayment for the credit
For further information read Corporation Tax: Research and Development tax relief for small and medium sized enterprises on the HMRC website.
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