Jan 20, 2021 | HMRC, R&D Tax Credits
In November the Auditor General concluded his audit of HMRC. The resulting report has numerous recommendations across all aspects of HMRC’s service delivery, but it has particularly notable recommendations for the R&D tax credit scheme. HMRC are now...
Nov 24, 2020 | HMRC, R&D Tax Credits
The government recently released reports detailing the benefits of the RDEC and SME schemes to the broader UK economy. The reports were independently generated and were part of the government’s commitment to auditing its state-aid policies. In all, they...
Jun 9, 2020 | Coronavirus, HMRC, R&D Tax Credits
HMRC had indicated in previous communications that they would change certain aspects of the R&D claims process to ensure that businesses in need of funds were able to receive them promptly. They allowed for more leniency on two criteria for claims such as the...