HMRC has dramatically tightened R&D claim standards. We help innovative UK companies identify qualifying projects and structure 100% compliant technical submissions to unlock cash repayments.
Following recent legislative reforms, claims for accounting periods beginning on or after 1 April 2024 operate under the Merged RDEC scheme, alongside the Enhanced R&D Intensive Support (ERIS) regime for loss-making, research-heavy SMEs.
Provides a 20% taxable expenditure credit on qualifying spend, delivering a net Corporation Tax reduction of up to 15% (after 25% CT).
For companies where qualifying R&D spend represents at least 30% of total expenditure. Unlocks a payable cash tax credit of up to 26.97%.
Under DSIT guidelines, your project must seek an advance in overall science or technology by overcoming technological uncertainties that could not be readily resolved by a competent professional.
All claims must now be submitted with a digital Additional Information Form (AIF) prior to the CT600 return. HMRC automatically rejects submissions lacking a valid AIF reference.
We draft rigorous, evidence-backed technical narratives authored in collaboration with your technical leads, ensuring that project boundaries, baseline assessments, and uncertainties are defended under HMRC manual guidelines.
Speak with a specialist chartered accountant to evaluate your software, engineering, or product development spend.
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020 8432 2774