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09/12/2007 - Issues surrounding 60% Derogation Overhead Rate for SMEs.

Currently, the way the rules stand, by including the term “SME” in the Rules and by using uninformed and unclear language in the subsequent documents, SME’s can benefit from “double” concessions in FP7.

 

Many SMEs may not have any formal method (and accounting system) in place which allows the calculation of overheads per project (or even a particular department), and therefore the derogation method is being used and approved by most SMEs in the 2007 Calls for proposal.

 

The Finance Helpdesk has produced a leaflet to provide some more information on this subject.

To view the leaflet click here.


 

Tools & Templates
22/10/2013
23.09.2013 - FP7 Book by Mr Myer Morron (FREE) V2.17
02/01/2012
02/01/2012 - FP7 Proposal Finance Spread Sheet V1R
09/12/2007
09/12/2007 - Issues surrounding 60% Derogation Overhead Rate for SMEs
28/10/2007
23/10/2007 - Recording Hours Guidelines For FP7 Projects
28/10/2007
15/10/2007 - How to Deal With VAT & Taxes In FP7 Projects
28/10/2007
29/08/2007 - How to Calculate Man Months and Man Month Rates
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