R&D and other technology-based Capital Allowances

Research & Development Allowances


RDAs provide a 100% first year allowance for R&D capital expenditure. RDAs are the capital expenditure equivalent to the R&D tax relief scheme. RDAs and the other technology-based capital allowances can have a significant positive impact on your tax liabilities.

If any of the following apply to your company then you should be considering applying for RDAs:

  • You have constructed or purchased a laboratory, test bed, or pilot plant
  • You have capitalised large amounts of R&D expenditure
  • You have realised your capital expenditure is ineligible for R&D tax relief

MMP has specific experience with various technology-based capital allowances schemes such as Research & Development Allowances (RDAs) and Enhanced Capital Allowances (ECAs). These schemes make it possible to claim 100 per cent of the capital cost against your taxable profits in the year the cost is incurred. This can deliver a helpful cash flow boost and a shortened payback period.

RDA

Capital Allowances

We would be delighted to discuss any aspect of the schemes with you.


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