Blog: HMRC Compliance Checks
HMRC has launched a serious campaign to try and tackle abuse of its systems across the board, with more fraud investigators being recruited, spot checks increasing, and an extra £510m from the government to fund the efforts.
The R&D tax relief – or R&D tax credit – system is not immune from these increased measures. Just this month advisors have received notice of increased claim turnaround times to accommodate for extra compliance checks being undertaken and it shows no signs of slowing.
As a result, new claimants are feeling more nervous than ever about using the R&D tax relief scheme, while existing ones are treading with an extra sense of caution.
The dreaded ‘HMRC enquiry’ has been part of claiming R&D tax relief for years, but as these are increasing we thought we should revisit what they are, when they happen, and what you can do about them to alleviate some of the fear.
Get in touch
If you’re facing a compliance check and need advice; if you’re in the middle of a defence but need expert support; or if you’re looking for a great R&D tax relief advisor who can give you peace of mind, get in touch with our expert team today.
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