No account taken of subsidy or State aid

• If a notified State aid is received in respect of the R&D project, expenditure on that entire project cannot benefit from R&D tax reliefs and payable R&D tax credits for SMEs.
• If a subsidy from someone other than the State, or State aid which is exempt from notification to the European Commission, is received the amount of that subsidy/aid may reduce any eligible qualifying expenditure.
• The person giving the aid or subsidy should know whether State aid has been notified to the European Commission or not. See CIRD81650 and CIRD81670.