Posted on Wednesday 30 August 2023 by Vanessa Cooper | Group Technical Tax Manager
As part of HMRC’s focus on the R&D tax relief scheme, an additional information form was introduced and is now a statutory requirement to complete for all R&D claims. The additional information form must be submitted before filing your company’s Corporation Tax return.
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Posted on Wednesday 16 September 2020 by Vanessa Cooper | Group Technical Tax Manager
We have had some clarification from HMRC on how companies furloughing staff deal with claims under the SME R&D tax relief or Research and Development Expenditure Credit (RDEC) schemes. It’s important to realise that the rules are different under each of these schemes. But also that small and medium enterprises can claim under the RDEC scheme.
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Posted on Friday 29 May 2020 by Vanessa Cooper | Group Technical Tax Manager
GovGrant sits on the Research & Development Consultative Committee (RDCC) to represent UK’s business when it comes to the operational delivery of the R&D tax relief schemes. This is an HMRC-sponsored forum, and as members we receive regular updates as HMRC advice evolves and develops. We are currently in an unprecedented period of change, with the introduction of new and vital measures to support business British business.> Read more
Posted on Monday 11 May 2020 by Vanessa Cooper | Group Technical Tax Manager
In these unprecedented times, the audit of going concern assessments and reporting on material uncertainty related to going concerns are key for auditors. The Audit and Assurance Faculty has produced two guides on the topic.
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Posted on Friday 3 April 2020 by Vanessa Cooper | Group Technical Tax Manager
GovGrant, like many SMEs, is doing everything we can to share, support and advise UK companies at this time
Yesterday we received an email update from HMRC specifically on R&D tax relief, which we share below. We hope it helps answer some of your questions but if you want to have a more detailed conversation about how Covid-19 is affecting your business either email or leave a message and we’ll get back to you.
What did the Chancellor announce in the 2023 Autumn Statement?
What to look out for at next week’s Autumn Statement – November 2023
GovGrant expands Accounting Channel team to meet the increased demand of specialist R&D services
Being a Source Advisors company – what does it mean for our accounting partners
HMRC releases R&D tax relief and Patent Box statistics 2023
