This is an ongoing question that many companies ask when they approach RDP Associates, and the answer continues to evolve. The main reason is that HMRC’s guidance on Research and Development (R&D) Tax Relief has become more stringent over the past 2 to...
As members of the HMRC R&D Tax Credit Stakeholder Group, we participate in regular meetings with HMRC. In our last meeting, HMRC outlined some common areas where companies err in filing R&D Tax Credit claims. Especially the information included in the...
Due to the numerous recent changes to the R&D Tax Credit programme. We’ve received many questions regarding preparing your 2025 R&D Tax Credit claims. Here is a summary of the key changes: Merged R&D Scheme (RDEC): The new merged R&D Tax Credit...
Most companies are now aware that HMRC can issue penalties when it comes to R&D Tax Credit claim submissions deemed non-compliant. Companies filing R&D Tax Credit claims may be unaware they are non-compliant. Which has resulted in HMRC increasing compliance...
With January being a hectic month, the last thing you want to deal with is an HMRC compliance check on a client’s R&D Tax Credit claim. These checks are very time-consuming and HMRC typically requests a vast amount of information to support the claim. RDP takes...
AI is a leading-edge technology that is constantly evolving. Many companies believe that if they merely adopt the use of AI, it qualifies for R&D Tax Credits. For example, we had a company state that they researched a number of AI models and spent considerable...
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