HMRC Suspends Certain R&D Tax Credit Payments

HMRC has issued a (rare) statement that certain R&D tax credit payments have been suspended pending the investigation of suspected irregularities...

a month ago

By Steve Livingston

There's never a dull moment in the world of R&D tax credits!

HMRC has issued a (rare) statement that certain R&D tax credit payments have been suspended pending the investigation of suspected irregularities...

We can only speculate what this might mean: an isolated fraud or perhaps HMRC has caught up with certain R&D tax advisors who have been filing spurious or over-inflated claims...?

It is more clear than ever that HMRC is upping its game in this area and the need for solid and robust R&D tax claims is more prevalent than ever. This is good news all round.

Here is my (video) take on this recent announcement...

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