HMRC Advance notification, RD claims and incentives

For both SME and RDEC claimants, a notification of the intention to claim RD tax reliefs and incentives is now required for accounting periods beginning after 01 April 2023. These changes are part of the HMRC compliance measures to protect the schemes and improve efficiencies. Check if your company needs to make a notification here and please contact us should you require assistance with the qualitative information on the claim form. 

Contact point – Maria Kitt E: maria@tax-insight.co.uk

https://www.gov.uk/guidance/tell-hmrc-that-youre-planning-to-claim-research-and-development-rd-tax-relief