News
Research & Development Tax Credit Scheme
17 - 11 - 2022
HMRC is making a concerted effort to target fraudulent Research & Development tax credit claims.
Whilst this is admirable as no one should be incorrectly
claiming tax relief, the downside is that it may discourage businesses who
could invest and claim from doing so. There is also an argument that it is
using vital HMRC resources which could potentially be allocated to increase
general service levels at the government department.