CIRD Update Index - Recent changes to this Manual

Below are details of the amendments that were published on 12 November 2003

SectionTitle and details of the update
10500Research and development tax credits for companies – introductory sections updated for changes in FA03
12700Core computational rules: deductible debits: relief for capitalised expenditure on an intangible asset: expenditure to be taken into account: asset acquired as part of a larger bargain: Financial Reporting Standard 7 – change FA02 s104 to s106
45105Intangibles: related party rules: definition: outline – case four added
47030International issues: company ceases to be resident in UK or asset ceases to be used in UK branch trade – small text change in final bullet of second circumstance
48100Intangibles: avoidance: rule aimed at tax driven transactions: contents – updated for changes
48110Intangibles: avoidance: tax-driven transactions: outline of rule – updated for FA03 changes
48500Intangibles – avoidance – changes in June 2003 – new guidance
48530Intangibles avoidance- FA03/S184 – how the new measures work – new guidance
48550Intangibles avoidance – new measures – position for accounting periods ending at different times – new guidance
80100R and D tax relief for SMEs – outline – when claims are at large company rate
80200R and D tax reliefs for SMEs – qualifying R and D expenditure – claims at large company rate, and externally provided workers
80225R and D tax relief for SMEs – minimum limit for expenditure – new
80250R and D tax relief for SMEs – meaning of a small or medium enterprise – new organisation of guidance
80300R and D tax relief for SMEs – subsidised expenditure not eligible for SME tax credit – new organisation of guidance
80310R and D tax relief for SMEs – availability of large company rate for subsidised expenditure – new guidance
80350R and D tax relief for large companies – meaning of intellectual property – new organisation of guidance
80500R and D tax relief for SMEs – work subcontracted to a SME – externally provided workers
80900R and D tax relief for SMEs – how to claim payable tax credit – return can be amended by letter
81000R and D tax relief for SMEs – artificially inflated claims, fraudulent claims - negligent
82100R and D tax relief for large companies – outline – minimum spend
82175R and D tax relief for large companies – comparison with R and D tax relief for SMEs – when large companies can claim for subcontractors
82205R and D tax relief for large companies – expenditure directly incurred in carrying out R and D – externally provided workers
83000R and D tax relief for large companies – meanings of terms used – change of title and minor text changes
84000R and D tax relief for large companies – staffing costs – changes to the 80/20 rule
84100R and D tax relief for large companies – expenditure on externally provided workers – new guidance
84150R and D tax credits for large companies – meaning of externally provided worker – new guidance
84175R and D tax credits for large companies – connected person providing external worker to company – new guidance
84200R and D tax credits for large companies – election to treat provider of staff as connected
85100Vaccines research relief – outline – appointed day and minimum spend
85300Vaccines research relief – qualifying expenditure on direct R and D – externally provided workers
85400Vaccines research relief – subcontracted R and D – work done as subcontractor
Appendix 1Commentary on the guidelines on the meaning of R & D for tax purposes – new guidance
Main contentsIndex – CIRD – Corporate Intangibles Research and Development Manual – updated to include appendix 1