Research and Development Capital Allowances, also known as R&D Capital Allowances or just RDAs, are a form of tax relief for UK businesses.They provide a 100% tax deduction on assets used as part of R&D projects or providing facilities that support R&D activity. They are the capital expenditure equivalent to the R&D tax relief scheme (which covers R&D revenue expenditure).
Written by:
Fergus Watson
2
minutes read
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