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...
As many of you know, HMRC has been increasing compliance checks of R&D Tax Relief claims. According to recent statistics, HMRC believes there is still a large group of companies filing R&D Tax Credit Claims who are non-compliant,. So these checks will not stop...
