Claiming the RDEC

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Claiming the RDEC by Mind Map: Claiming the RDEC

1. Ineligible companies

1.1. Charity

1.2. University

2. Payment

2.1. Step 1

2.1.1. Discharge CY CT

2.2. Step 2

2.2.1. Restrict for tax

2.2.2. Restricted amount cfwd

2.3. Step 3

2.3.1. Restrict for salary costs

2.3.2. Restricted amount cfwd

2.4. Step 4

2.4.1. Discharge other CT

2.5. Step 5

2.5.1. Group relief

2.6. Step 6

2.6.1. Discharge other tax

2.7. Step 7

2.7.1. Pay to company

3. Qualifying expenditure

3.1. Deductible

3.1.1. Capitalised revenue expenditure

3.2. Large company

3.2.1. Category 1

3.2.1.1. In-house

3.2.1.2. Staff costs, etc.

3.2.2. Category 2

3.2.2.1. Sub-contracted

3.2.2.2. Payment to body/individual

3.2.3. Category 3

3.2.3.1. Funded

3.2.3.2. Payment to body/individual

3.3. SME

3.3.1. Category 1

3.3.1.1. Sub-contracted

3.3.1.2. Staff costs, etc.

3.3.2. Category 2

3.3.2.1. Subsidised

3.3.3. Category 3

3.3.3.1. Capped

4. Amount

4.1. = 12% of expenditure

4.1.1. Expected to increase to 13%

4.2. Taxable

5. Deadline

5.1. 12m from filing date

6. Particular situations

6.1. QIPs

6.2. Groups

6.3. Insurance companies

6.4. Oil taxation

6.5. Partnerships

6.6. Video games tax relief

7. Advising the client