Ten things I hate about your R&D claim
Published Date: 11 Mar 2024
I have written this article based on some of my personal views and observations from reviewing and supporting various R&D claims. I have seen the 10 issues discussed in claims that were unsuccessful and, in my view, many of these issues were avoidable. It is often not the underlying claim or R&D project that causes an unsuccessful claim. The issues discussed below are intertwined, but most relate back to the point of claimants maintaining good records. Poor record-keeping is often the leading cause of disappointment to many claimants. This is not necessarily a piece designed for sophisticated claimants and advisers. It is hoped that it will help those unfamiliar with the R&D tax incentive to understand some of the fundamental requirements in claiming the incentive, and to help them have as smooth a claim as possible.
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- Published By: Llewellyn Wood
- Published On:11 Mar 2024
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