Sometimes a policy is so fundamentally flawed that resurrecting it feels like the plot of a tired sitcom. HMRC’s current consultation on reforming the Advance Assuance/Clearance process for R&D tax
Introduction With the introduction of the UK’s new merged R&D tax relief regime for accounting periods beginning on or after 1 April 2024, most companies now fall under a unified
HMRC has launched a consultation that may reshape the way companies engage with R&D tax relief in the early stages of their claims. Entitled “R&D Tax Relief: Advance Clearances”, the
In their sobering article ‘A horrible situation’: the entrepreneurs caught in R&D tax credit debacle, published in the Financial Times on 14 March 2025, journalists Emma Agyemang and Kieran Smith
Introduction Research and Development (R&D) tax incentives play a vital role in fostering innovation and economic growth. Countries worldwide use tax credits, grants, and direct funding to support companies investing
HM Revenue & Customs (HMRC) has today updated its guidance on R&D tax relief, specifically addressing subsidised expenditure (CIRD81650) and subcontracted activities (CIRD84250). These changes were made in response to
As we get further into 2025, companies with a March year-end will soon be considering their first R&D tax relief claims under the new merged Research and Development Expenditure Credit
We covered an arguably slightly “sensational” article in the Times on R&D claims by football clubs. That appeared to cast shade on their validity. We made the point that each
An article today in The Times (19 February 2024), titled “HMRC knew of tax fraud risk but failed to act for at least five years” by George Greenwood, highlights a
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