Has HMRC Over-Corrected on R&D Tax Relief?
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
February 19, 2025 No Comments
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R&D Tax Relief in Football: Unfair Scrutiny or Legitimate Claims?
A recent Times investigation (“Premier League clubs claim millions in tax relief meant for ‘science and tech’” George Greenwood article 17/02/25) has revealed that 28 sports teams, including Premier League
February 17, 2025 No Comments
A Common Sense Approach to the R&D Tax Relief Fallout: The Role of Professional Bodies in Engaging with HMRC
The recent AAT article on R&D tax relief changes highlights the evolving challenges facing SMEs and advisors in navigating the new landscape of tax compliance. The shake-up of the R&D
February 7, 2025 No Comments
HMRC Publishes Guidance on the Merged R&D Tax Scheme
CIRD100000 – R&D Tax Reliefs: reformed reliefs: contents As the landscape of R&D tax relief continues to evolve, HMRC has released detailed guidance on the new Merged Scheme, which will
January 16, 2025 No Comments
Key R&D Updates from HMRC’s January 2025 Agent Update
As the R&D landscape continues to evolve, HMRC has introduced two significant updates in its January 2025 Agent Update. These initiatives aim to enhance the support and compliance mechanisms for
January 16, 2025 No Comments
Claim notification- What you need to know.
In 2023 legislation was introduced which in certain circumstances made it necessary to notify HMRC of an intention to submit an R&D claim in advance of a claim. The official
January 17, 2024 1 Comment
The Autumn Statement 2023 represents a missed opportunity in terms of support for SME R&D claims
The autumn statement contained a lot of nice sentiments in terms of supporting business. But for the important UK Tech sector the lack of anything new or helpful in relation
November 22, 2023 1 Comment
We welcome HMRCs new Guidelines for Compliance (GfC) on the meaning of R&D for tax purposes. But……….
I have been an R&D consultant for over ten years and the last year has been without a doubt the most difficult. Claims have been attacked in an aggressive and
November 1, 2023 No Comments
£7.6 Billion of R&D support in 2021-2022 – an 11% increase – what’s behind the stats?
The ‘Research and Development Tax Credits Statistics: September 2023’ were recently published. The report looks at the UK tax year 2021 to 2022 and compares it to previous years. But
October 11, 2023 No Comments