- R&D expenditure not subsidised by clients (Quinn v HMRC)
- Why it matters
- Case details
Tax analysis: In Quinn (London) Ltd v HMRC the First-tier Tribunal (FTT) decided, in principle, that the company was not prevented from claiming relief for research and development (R&D) costs under the scheme for SMEs. Specifically, the tribunal rejected HMRC’s argument that the expenditure was subsidised by the company’s clients
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