New guidance on R&D claims for the production of goods and services

Published by Kingly Brookes LLP

John Moore of Kingly Brookes LLP brings us up to date on the latest improvement to the guidance potentially enabling companies to claim costs that they might not have done in the past.

This news item is an update on our earlier article on this subject on 12 August 2011. HMRC have now published their guidance which may well enable companies who thought that they were unable to claim fully for the consumables costs associated with  production trials, prototypes and manufacture of “first of class items”, where there was any intention of selling the output of the trial, prototype or first in class asset, to claim for costs incurred.

Please visit our website to learn more about this potential opportunity on R&D claims for the productions of goods and services.

Our View
Kingly Brookes has been closely involved in the feedback to HMRC on the formulation of this guidance prior to publication and we welcome the clarification of the guidance and practice in this complicated area of the legislation.

If you would like to discuss the application of this, or any other aspect of the R&D tax relief to your company then please do not hesitate to contact John Moore on 0207 292 8850 or at

About Kingly Brookes
Kingly Brookes is a firm of chartered accountants based in Cambridge and London specialising in working with technology companies to optimise their claims for R&D tax relief. We combine a deep technical knowledge of the working of the two schemes together with a practical hands on approach to claim preparation proven to optimise your claim potential and ensure certainty over your claim outcome.

Subscribe to the CW newsletter

This site uses cookies.

We use cookies to help us to improve our site and they enable us to deliver the best possible service and customer experience. By clicking accept or continuing to use this site you are agreeing to our cookies policy. Learn more

Start typing and press enter or the magnifying glass to search

Sign up to our newsletter
Stay in touch with CW

Choosing to join an existing organisation means that you'll need to be approved before your registration is complete. You'll be notified by email when your request has been accepted.

Your password must be at least 8 characters long and contain at least 1 uppercase character, 1 lowercase character and at least 1 number.

I would like to subscribe to

Select at least one option*