During the year to 31 March 2018 , a company which qualifies as medium-sized spends 180,000 on
Question:
During the year to 31 March 2018 , a company which qualifies as medium-sized spends
£180,000 on research and development . This is qualifying expenditure under the R&D tax relief scheme. Explain the corporation tax treatment of this expenditure.
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In the United Kingdom mediumsized companies are typically subject to the Research and Development Expenditure Credit RDEC scheme for their RD tax reli...View the full answer
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