HMRC

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HMRC extends R&D claim amendment period

By |September 4th, 2017|Tags: , , , , , , |

Companies who followed HMRC's guidance on staff costs may have claimed less R&D tax relief than they were entitled to. In the past few years, HMRC has issued some conflicting guidance on what you can include as an eligible staff cost in your R&D claim. In October 2014, HMRC issued a note which narrowed the [...]

Many firms may be missing out on R&D funding

By |August 24th, 2017|Tags: , , , , |

The latest figures from HMRC shows that only 0.3% of SMEs claimed R&D Tax Relief in 2016. That's 17,135 out of the 5.4 million SMEs based in the UK, up from 15,955 the previous year. These firms could be missing out on hundreds of thousands of pounds that they are entitled to claim which they [...]