In this video, I walk through my view and interpretation of HMRC's new "Guidelines for Compliance" for R&D Tax Credit claims to ensure compliance and successful claim filing.
Points to note:
- increased emphasis on real-time documentation and written evidence during the R&D project
- interesting shift in focus to technical uncertainties over technical advance
- growing importance of correct identification and involvement of a competent professional(s)
Here's a link to the full HMRC GfC3 Guidelines.
