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Claiming R&D tax relief is a valuable way to recover costs from innovation projects, but it’s not always straightforward. From misunderstanding HMRC’s definition of R&D to weak record-keeping and inaccurate claims, there are challenges that can turn a straightforward application into a drawn-out enquiry. In this article, we explore the most common risks businesses face when claiming R&D tax and share practical steps to strengthen your claim.
Third-party technology, including software and license fees, is often overlooked when businesses prepare R&D tax relief claims, yet these costs can be eligible if directly linked to innovation activities. This article breaks down how companies can identify and justify these expenses in line with HMRC guidance.
When it comes to claiming R&D tax relief, many businesses in design-heavy industries often ask the same question: Can we claim for the cost of acquiring designs? While buying existing designs does not qualify for relief, the good news is that further work to modify, develop or improve those designs often does. If your business is undertaking technical design work as part of an innovation project, there may be significant relief available.
From 1 April 2026, all tax advisers, including those involved in R&D tax claims, must be registered with HMRC and meet new minimum standards to act on behalf of clients. This move is part of HMRC’s drive to raise professional standards, reduce fraud, and improve oversight within the tax advisory industry. Learn who will be affected by these changes and what at your business needs to do to stay compliant.
A landmark case in the UK accountancy sector: Bennett Verby Ltd becomes the first firm prosecuted under the Criminal Finances Act 2017 for failing to prevent tax evasion — involving over £16 million in alleged R&D Tax Credit Fraud. This article explores the charges, implications, and what it means for businesses and advisors.
Not sure if your work counts for R&D tax relief? You’re not alone. We break down what HMRC means by Qualifying R&D Activities, with clear explanations, practical examples, and tips to help you avoid common mistakes. Whether you’re building something new or solving tricky technical problems, we’ll help you figure out what qualifies and how to make your claim count.
Claiming R&D Tax Relief for subcontracted work can be complex, especially with new rules from April 2024. This article explains what qualifies as subcontracted R&D, who can claim under the updated scheme, and what records you need to support your claim. From contracts and invoices to technical reports and emails, having the right documentation is key to staying compliant and avoiding HMRC enquiries.
If your business is developing new products, processes, or technologies, you could benefit from claiming R&D Tax Relief. But before you dive in, it's important to understand the tax implications that come with it. We explain how the relief works under both the SME and RDEC schemes, the impact it can have on your finances, and how to avoid common mistakes. Whether you're new to R&D tax claims or looking to strengthen your current approach, we'll help you stay on the right side of HMRC.
A detailed summary of the First-tier Tribunal’s decision in Realbuzz Group Ltd v HMRC (May 2025), focusing on the limits of HMRC’s discovery assessment powers in relation to R&D tax relief claims. We touch on key tribunal issues including the “hypothetical officer” test, the importance of adequate disclosure, and the legal protections available to taxpayers. The ruling offers important guidance for companies claiming R&D tax credits and clarifies HMRC’s ability to revisit prior-year claims.
The May 2025 Research & Development Communication Forum (RDCF) returned to an in-person format for the first time since the pandemic. Held in a historic setting with a focus on open dialogue, the forum covered key updates from HMRC, including policy changes, operational performance, and ongoing efforts to improve the R&D claims process. In this article, we share updates from the RDCF and our reflections on what it all means for businesses and advisors moving forward.
Assists organisations in accessing research and development grant funding across a range of UK and EU schemes and industry sectors.
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