HMRC R&D Tax Processing Times (as of 10/05/22):
R&D Tax Credits: HMRC are now dealing with RDTC claims received on or before 31st March.
RDEC: RDEC claims received on or before 25th March have been processed.
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.
Last week the government released its annual R&D tax relief data, based on R&D Tax Credit claims submitted to HMRC by UK companies up until the 30th April 2021.
Written for our partners Be Your Own. Ask anyone what an accountant does and they’ll probably all say the same thing. But actually, by nurturing a good working relationship, your accountant can help you achieve so much more.
Software developers are losing out on £000′s of R&D Tax Credits simply due to bad accounting. This is really shocking, because in these tough economic times every avenue to extra funding should be maximised.