Recent HMRC Guidance in preparing R&D tax credit claims included some useful information on how companies should aim to document their R&D projects - perhaps AI holds the key...
HMRC latest statistics for the UK R&D Tax Relief were released on 28 September 2023 relating to claims submitted in 2021-2022. Here we share a summary of the key points.
The introduction of the AIF is a crucial change in the R&D tax credits application process. Without this form, your claim will not be considered valid by HMRC.
HMRC is increasingly challenging R&D tax credit claims. Here we explore a recent successful defence of a sizeable claim on behalf of a UK Fintech company.
Here in this video we cover the R&D tax relief and its current status as HMRC ramps up formal enquiries and challenges.
We are currently witnessing a sea-change in HMRC's approach to reviewing and processing R&D tax credit claims, with software development companies in particular being subject to HMRC enquiry.
With so much change happening in the field of R&D tax credits relief, we have put together a useful summary timeline of changes and new rules that are currently on the horizon
