Mw High Tech Projects Uk Limited V The Commissioners For Hmrc 2023 • mw high tech projects uk ltd (appellant) claimed £1,934,343.19 research and development expenditure credit (rdec). • hmrc refused the claim because the appellant's accounts for 2017 and 2018 stated it was not a going concern, relying on corporation tax act 2009, s 104s and s 104t. In mw high tech projects uk ltd v hmrc [2023] ukftt 1040 (tc) (5 december 2023) the first tier tribunal (ftt) upheld hmrc’s decision to refuse a r&d expenditure credit (rdec) claim where the taxpayer’s statutory accounts for the relevant years stated it was not a going concern.
Engie Fabricom Uk Limited V Mw High Tech Projects Uk Limited 2020 Heard on 24 october 2023 judgment date: 05 december 2023 before tribunal judge anne redston ms jo neill between mw high tech projects uk limited appellant and the commissioners for his majesty’s revenue and customs respondents representation: for the appellant: mr nigel bolton of r&d tax uk ltd. On 4 april 2019, mw high tech projects uk ltd (“the appellant”) filed its corporation. tax (“ct”) return for the year ended 30 december 2017. that return included a claim for a. research and development expenditure credit (“rdec”) of £1,934,343.19. 2. the statutory provisions relating to rdec claims are in chapter 6a of the corporation. Hmrc refused the claim based on the appellant's statutory accounts, which stated that the appellant was not a going concern. the appellant argued that they were a going concern under the relevant accounting rules, as evidenced by hmrc's acceptance of their previous rdec claim. This case, which the company lost, concerned accounting principles as well as the interpretation of cta 2009, s. 104s and 104t – mw high tech projects uk ltd v hmrc [2023] ukftt 1040 (tc). key findings of the ftt were that: the statutory provisions were clear;.
Harber V Commissioners For Hmrc 2023 Ukftt 1007 Tc Hmrc refused the claim based on the appellant's statutory accounts, which stated that the appellant was not a going concern. the appellant argued that they were a going concern under the relevant accounting rules, as evidenced by hmrc's acceptance of their previous rdec claim. This case, which the company lost, concerned accounting principles as well as the interpretation of cta 2009, s. 104s and 104t – mw high tech projects uk ltd v hmrc [2023] ukftt 1040 (tc). key findings of the ftt were that: the statutory provisions were clear;. In a recent case decided at the first tier tribunal (ftt), mw high tech projects uk ltd [2024] tc 09011, lost its appeal and the tribunal instead agreed with hmrc that a claim for the research and development expenditure credit (rdec) was not valid as the company’s accounts show that it was not a going concern at the time of the claim. In mw high tech projects uk limited v hmrc [2023] tc09011 a company was unable to make a valid claim for a research and development expenditure credit (rdec) as it had failed to prepare accounts on the 'going concern' basis. In mw high tech projects uk ltd [2024] tc 09011, the first tier tribunal (ftt) agreed with hmrc that the statutory provisions were clear and that filing accounts that showed a company was not a going concern prevented a claim for the research and development expenditure credit (rdec). amendments to the legislation made subsequent to the events. In mw high tech projects uk ltd [2024] tc 09011, the first tier tribunal (ftt) agreed with hmrc that the statutory provisions were clear and that filing accounts that showed a company was not a going concern prevented a claim for the research and development expenditure credit (rdec).
Engie Fabricom Uk Limited V Mw High Tech Projects Uk Limited 2020 In a recent case decided at the first tier tribunal (ftt), mw high tech projects uk ltd [2024] tc 09011, lost its appeal and the tribunal instead agreed with hmrc that a claim for the research and development expenditure credit (rdec) was not valid as the company’s accounts show that it was not a going concern at the time of the claim. In mw high tech projects uk limited v hmrc [2023] tc09011 a company was unable to make a valid claim for a research and development expenditure credit (rdec) as it had failed to prepare accounts on the 'going concern' basis. In mw high tech projects uk ltd [2024] tc 09011, the first tier tribunal (ftt) agreed with hmrc that the statutory provisions were clear and that filing accounts that showed a company was not a going concern prevented a claim for the research and development expenditure credit (rdec). amendments to the legislation made subsequent to the events. In mw high tech projects uk ltd [2024] tc 09011, the first tier tribunal (ftt) agreed with hmrc that the statutory provisions were clear and that filing accounts that showed a company was not a going concern prevented a claim for the research and development expenditure credit (rdec).