Are you submitting an R&D Tax Relief claim to HMRC?
From 1st August 2023, HMRC are requiring that R&D Tax Relief submissions will need to be accompanied by an ‘additional information form’ containing detailed information about your projects. Don’t worry as we take care of this paperwork for you, but we are anticipating that HMRC will incur significant delays in processing claims, therefore we advise you submit your claim this month to avoid delays to your benefit.
If you’re curious to know what HMRC are expecting to see in the form, you can find out what you need to prepare here.
If you have any questions about these requirements, reach out to a member of our team at rrabess@rck.partners.
RCK Partners, a specialist tax advisory firm focusing on R&D Tax Credits, Business Rates and Capital Allowances, today announces the launch of its Innovation Advisory Council (“IAC”).
In recent years, the R&D tax relief claim process has changed notably. In this article, we summarise these changes so that FinTech businesses can stay informed and are able to continue innovating with confidence within their organisations. Fintech’s should ensure they submit R&D claims for innovative projects that seek to advance the field.
The 2025 Budget was highly anticipated, fuelled by extensive speculation in the lead-up to it. This speculation ended slightly prematurely with the unforeseen leak of the OBR forecast, which preceded Reeves' delivery.
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