Record capital allowances for research and development

This section allows the input and calculation of research and development capital allowances (RDA). A 100% allowance is available on qualifying expenditure. It can be recorded in the Trade Profits section, on the Capital allowances tab.

1. Add the Trading profits section to the return (or select it if already added), then select the Capital allowances tab.

2. On the Research & Development column, select Edit. Any existing allowances are displayed.

3. Complete as follows for each allowance, then select Save changes. A new line is automatically added. Unwanted lines can be deleted using the bin icon.

   • Description of expenditure - enter a brief description of the expenditure.

   • Qualifying amount - enter the qualifying amount of R&D expenditure.

   • RDA not claimed - if you don't want to claim the entire 100% RDA, enter the amount not claimed.

   • RDA @ 100% - shows the RDA claimed.

   • Unclaimed RDA b/fwd - enter any unclaimed RDA brought forward from an earlier period. If the tax return was rolled forward from a previous period this field will already be completed.

   • Disposals - if the asset was sold in the current period enter the disposal value.

   • Balancing charge - enter any balancing charge that may be applicable after disposal of assets on which RDA has previously been claimed.

   • Unused RDA c/fwd - displays the unused RDA (if any) that will be carried forward to the next period.