Live Webinar (if a future date is listed) with Q&A
The Recording of the Event
Supporting Materials
Objectives
HMRC’s victory in the AHK recruitment case was significant for two reasons. The first was that it showed HMRC starting to question R&D expenditure claims.Secondly the case revealed that the taxpayer appeared to make every conceivable mistake in formulating their R&D claims.The Hadee Engineering case (also won by HMRC) demonstrated the importance of understanding the principles underlying R&D claimsWith R&D claims coming under increasing scrutiny, as the tax reliefs have become greater, it is crucial that taxpayers and their advisors know how to approach R&D claims to give the maximum possible chance of success. There are likely to be significant changes to R&D following the government’s review, notably in terms of the proposed extension to data and cloud applications as well as the limitation of R&D broadly to UK based activity. But one thing is clear; the attention that HMRC will devote in this area is increasing and will cause significant issues to the underprepared.To Help clients prepare successful R&D claims and to understand the proposed changes in R&D rules
Key Topics
Identifying the activities that qualify for R&D credits
The differential between small and large company claims
How to record relevant information
How to present an R&D report
Common pitfalls
The new restrictions on claiming cash refund from HMRC
The proposed new rules for 2023
Who Should Attend
Managing partner, partners, practice manager, finance partner and aspirational fee earners.