What impact does de minimis state aid have on R&D tax credit claims?
De minimis state aid refers to a form of state aid provided by the government to businesses, but it is subject to a maximum allowable amount over a specified period. For this reason, it may have a significant impact on SMEs (small and medium sized enterprises).
A company cannot claim SME R&D tax credits for costs within a project that is funded by de minimis aid.
This is why we at Alexander Clifford always advise our clients to stay informed of how certain funding may affect their R&D claims, throughout the duration of their research and development activities.
