Specialist R&D Tax & Grant Funding Advisors
The move comes as part of a crackdown on abuse of the relief, with some claims now under scrutiny.
HMRC has just announced plans to pause certain R&D Tax Credit claims while it investigates irregularities.
The move comes as part of a crackdown on abuse of the relief, with some claims now under scrutiny. However, despite the majority of claims appearing to be unaffected, delays in processing times are possible.
HMRC has asked that anyone claiming R&D Tax Credits refrains from contacting the R&D helpline/mailbox to check on the progress of their claim. It has instead asked that agents and companies keep an eye on their online account for updates on their claim’s status.
To help HMRC process R&D tax claims promptly, all entries on the R&D section of your Corporation Tax return (CT600 form) must be completed in full.
We will update our website and social media should any further information become available. And of course, if you would like to find out more about making an R&D Tax Credits claim and how we can help, send us a message or call 0207 118 6045.
Hooke Biotechnology have secured €5.5m in blended finance from the highly competitive Horizon Europe EIC Accelerator to develop Mera.
Good news for the UK's science and technology sectors! The United Kingdom will join Horizon Europe and Copernicus programmes through a bespoke agreement with the European Union.
You may have seen a host of changes announced in the Spring Budget in March affecting the R&D Tax Relief scheme. But what do they actually mean for your claim, and how can you start preparing for them?
Please contact us to discuss how working with Myriad Associates can maximise and secure R&D funding opportunities for your business.
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