HMRC R&D Tax Processing Times (as of 28/06/22):
R&D Tax Credits: HMRC are aiming to either pay the payable tax credit or contact you regarding the claim within 40 days.
RDEC: HMRC are aiming to either pay the payable tax credit or contact you regarding the claim within 40 days.
Tax Cloud is our online R&D tax credit portal and was the first of its kind in the UK. Ideal for small & medium-sized businesses who require guidance making a robust and maximised R&D claim but do not require full consultancy.
At Myriad Associates, our mission is to help UK enterprises navigate, apply and secure tax incentives and grants. We do this by having the most talented advisors and the most innovative online offerings.
Use our R&D tax credits calculator to get an indication of the cash benefit you can receive from claiming R&D tax relief.
The latest instalment of Innovate UK's SMART grant competition was launched in April and the deadline of the 27th July is fast approaching. Another £25 million in grant funding is up for grabs.
Know your basic research from your incremental innovation? When it comes to innovation, you need to know what you’re talking about - especially around funding it.
HMRC previously paused some R&D tax relief payments while they investigate an increase in irregular claims. See the latest update.