My SME client has claimed R&D relief for many years & it is expanding and has contracted out work to a non related SME. It is my belief that 65% of this cost is allowable under the SME scheme & available for enhancement at 130%. My software doesn't cope with this & the developer is asking for the relevant part of the legislation, which I can't find on the HMRC site. Any help, or am I wrong.
26th May 2016
2
R&D Tax relief for SMEs contracting out to non related companies
R&D Tax relief for SMEs