200% write-off under R&D relief vs. an individual interpretation
Case study
Tax
The introduction of a 200% deduction in the R&D relief, exclusively for wage costs, has caused businesses to react even more than expected – and justifiably so. Why?
Firstly, doubts have arisen as to whether 200% relief is also available to those entrepreneurs who capitalise salary costs as intangible assets in the form of development work. Although there has been a recent tax interpretation favourable to the entrepreneur, the way the Claimant has phrased the question does not give absolute certainty as to the understanding of the provisions in favour of entrepreneurs.
Therefore, an entrepreneur intending to benefit from the preference in this way should obtain his own individual interpretation that will fully protect him.
However, there appears to be a second issue – first of all, is it reasonable and financially efficient in your situation to capitalise these costs? Is it an obligation? Do the tax and balance sheet policies in this area need to be consistent? Can I take advantage of the 200% relief in complete security without individual interpretation?
The answers are obviously in your favour, and we have recently noticed changes in tax policy for many entrepreneurs, translating into significant improvements in liquidity (in these times of high inflation, ‘putting money aside’ has a very noticeable effect), as well as direct savings (200% vs 100% R&D relief).
We are pleased that the changes to the R&D relief regulations have prompted entrepreneurs to think about the proper arrangement of their tax policy in the context of their situation, which, after all, does not often change dynamically.
We carry out complex projects for the arrangement of tax strategy in the area of R&D activity – we invite you to contact us!
Check how we can help your company!
ContactInvolved in the project:
You may be interested:
Case studies:
Tax
R&D relief as a remedy for the so-called ‘minimum tax’?
Knowledge base:
Tax
[EVENT] WINE & TAX. Let’s talk business after hours ALTOgether
Let’s talk business after hours #ALTOgether Will you grow old before KSeF comes into force? You are a decision-maker? How ...
Read more
Tax
[ALERT ALTO]: Latest updates of the National e-Invoicing System (KSeF) are available on the Ministry of Finance website, along with FAQs.
We would like to inform you that the website of the Ministry of Finance has published a section of questions and answers concernin...
Read moreWhy ALTO?
At ALTO people are the key. It is them who, thanks to their knowledge and experience, are able to provide comprehensive support in implemented projects, taking care of the highest quality of services, therefore ensuring a sense of comfort and safety to our clients.
We act globally
We are a member of Allinial Global - an association of independent advisory and accounting firms leveraging the global and local knowledge and experience of 38,000 outstanding professionals from more than 260 renowned firms in 107 countries.
13+ years of experience
Our long-standing presence on the market allows us to look at the business from a cross-sectional perspective - we know what to do and how to do it to support you in achieving your goals.
150 people in the team
A constantly growing group of experts can contribute to the success of your company.
10,000+ cases
We help in both everyday aspects of running a business and in emergencies.
Kamil Lewandowski
Chief Growth Officer
Kamil is a co-founder and CGO at ALTO. He is responsible for the development strategy of the ALTO group. Additionally, he oversees activities in the area of business development and marketing.
Sylwia Kulczycka
Partner & Tax Advisor
Sylwia Kulczycka is a Managing Partner of the TAX business line at ALTO. She specializes in tax advisory services for the life sciences, IT and professional services industries.
Aleksandra Bońkowska
Partner & Tax Advisor
Aleksandra is a partner at ALTO. Before joining ALTO team, she worked in one of the big four companies. For many years, Ola has been advising clients in the financial industry, including in particular insurance companies, payment market institutions ...
Daniel Banach
Partner & Tax Advisor
Daniel is a partner at ALTO. He specializes in tax advisory for financial investors (mainly private equity funds) and for clients from the real estate industry.
