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.



 

 

 

 

 

Foremans LLP Umberlla
Foremans LLP