The first R&D relief scheme was launched back in 2000 for SME’s. It took two further years before a larger company R&D scheme was launched. The scheme was underused for many years and HM Revenue and Customs (HMRC) were relaxed in processing the claims. HMRC enquiries only really happened in quite extreme cases. However, HMRC’s […]
Tag Archives: Research & Development
19
Apr
Apr
In the Chancellor’s Spring 2023 Budget , Jeremy Hunt confirmed changes to the two Research and Development (R&D) schemes currently in operation. These changes came into effect from 1 April 2023 and are being brought in to help tackle a significant amount of fraud being perpetrated through the R&D schemes, particularly the scheme for SME’s. […]