R&D tax relief claims are made under self-assessment which means that most claims are not checked and most companies are not able to say their claims have been successful – even if they have received money from HMRC.

This means that inaccuracies within claims will go unnoticed – potentially forever or they could be picked up a few years down the line.  HMRC is currently undertaking a number of initiatives to ensure that it picks up more of these inaccuracies and soon a lot of companies will be asked to justify their claims – some which thought they had been successfully claiming for years.

Compiling a robust R&D claim takes time – if it all seems a bit too simple then getting a second opinion might be a good idea.

Whether you have concerns, or just want to explore your options, we are here for you.