Research and Development Allowances (RDA)

RDA is available in respect of assets used in the process of carrying out research and development (R&D) such as building, equipment and furniture. The benefit is claimed in full at 100% in the year the spend is incurred. Less than 100% can be claimed in that year, but the balance cannot be claimed later.

RDA is only available for businesses carrying out the qualifying activity of a trade. The tax relief is claimed from when the trade begins if the qualifying expenditure was incurred prior to that.