HMRC has published new guidance on the advance notification requirements for R&D claims from 1 April 2023 and the additional information requirements which will apply for claims from 1 August 2023:
Tell HMRC that you’re planning to claim Research and Development (R&D) tax relief: this covers the deadlines for advance notifications, with two examples, and links through to HMRC’s online form.
Submit detailed information before you claim Research and Development (R&D) tax relief: this also covers the inclusion of cloud computing and data licence costs, and pure maths, from 1 April 2023.
HMRC has also updated the following guidance notes on how to claim under the RDEC and R&D tax relief schemes, principally to note the 1 April advance notification of claims requirements:
R&D tax relief for small and medium-sized enterprises: also updated to clarify which companies can claim, which costs qualify for tax relief, how to calculate enhanced expenditure and how to claim or make an amendment using the company tax return.
R&D expenditure credit (RDEC): new sections have also been added on expenditure credit rates and how to check what expenditure qualifies for expenditure credit.
Claiming R&D tax reliefs: this is general R&D tax relief guidance, and has been updated to clarify what qualifies as R&D.
Advance assurance for R&D tax relief: the section on information that needs to be provided in an application for advance assurance has been expanded.
HMRC has published new guidance on the advance notification requirements for R&D claims from 1 April 2023 and the additional information requirements which will apply for claims from 1 August 2023:
Tell HMRC that you’re planning to claim Research and Development (R&D) tax relief: this covers the deadlines for advance notifications, with two examples, and links through to HMRC’s online form.
Submit detailed information before you claim Research and Development (R&D) tax relief: this also covers the inclusion of cloud computing and data licence costs, and pure maths, from 1 April 2023.
HMRC has also updated the following guidance notes on how to claim under the RDEC and R&D tax relief schemes, principally to note the 1 April advance notification of claims requirements:
R&D tax relief for small and medium-sized enterprises: also updated to clarify which companies can claim, which costs qualify for tax relief, how to calculate enhanced expenditure and how to claim or make an amendment using the company tax return.
R&D expenditure credit (RDEC): new sections have also been added on expenditure credit rates and how to check what expenditure qualifies for expenditure credit.
Claiming R&D tax reliefs: this is general R&D tax relief guidance, and has been updated to clarify what qualifies as R&D.
Advance assurance for R&D tax relief: the section on information that needs to be provided in an application for advance assurance has been expanded.
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