Simple Steps Towards Successful R&D Tax Relief Claims
Date: 6th January 2014
The experience of completing a successful UK R&D tax credits claim should be straightforward however, gathering and presenting the technical details to support the claim can be a tough challenge for accountants. The claims process is part of the normal treatment of providing the necessary annual accounts information to HMRC, and the qualifying expenditure should be shown as an adjustment to the profit figure on which tax is calculated. Only the qualifying figure is needed for tax purposes...