View source for Extraordinary Research and Development


Extraordinary Research and Development is expenditure on new product development that goes beyond a specific amount typical to maintain the range of products or services currently offered. For example, 'extraordinary' expenditure may be required to create an entirely new product range due to the availability of new technology or changes in the law. This expenditure would probably be made only once, until the protocols and working practices needed to maintain the new product range are established amongst the workforce.

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