To qualify for SME a Business/Business Group should have:
Less than 500 staff
Turnover under Euro100m or Balance sheet under Euro 86m
Include Gross Pay, Employers NI and Pension Contributions
Include invoice paid to staffing agencies (excl. VAT)
Invoices paid to Sub-contractors directly involved in R&D (excl. VAT)
Materials or Consumables used directly for R&D activity.
Include the annual expenditure (excl. VAT) on software used for R&D
Include payments made to volunteers participating in research.
Other overheads and costs employed partly for R&D Activity.
Enter apportioning percentage for the overhead costs that have been directly used for R&D
The calculations are for illustrative purposes only. We will not accept any liability to any party on the results produced by the calculator. You should seek professional advice to calculate your tax liability.*
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