Are you protected in the event of an HMRC investigation?

The number of HMRC enquiries is on the rise, with taxpayers being targeted more than ever before. In addition to general aspect enquiries, the increased scrutiny of R&D tax relief claims has resulted in a surge in investigations.

The focus on R&D claims is aimed at eliminating fraudulent/invalid submissions, which HMRC estimates to have cost £469m in its most recent accounts. HMRC have invested in their R&D teams to support the increased focus on reviewing claims, with thousands of enquiry letters already issued to claimants. 

We cannot prevent HMRC from selecting you for an enquiry, but we can help to minimise the impact by dealing with HMRC on your behalf. If your company has received an enquiry and needs assistance liaising with HMRC, our experienced team of qualified tax advisors are here to help!

With a proven track record of dealing with R&D enquiries and settling disputes, our services include:

• A full review of the R&D claim and HMRC correspondence received to date
• Liaising with HMRC on your behalf and handling all aspects of the enquiry
• Managing timelines to ensure responses are met promptly
• Assisting with developing a R&D strategy going forward to capture R&D evidence and activities in ‘real-time’

In addition, we help companies to develop their R&D strategies which is more important than ever as from 1st August, HMRC will require additional information to support all R&D claims.  You can find out more in our blog here.

For more information, contact our R&D experts at js.tax@jsllp.co.uk, who will be happy to assist.