HMRC's R&D Additional Information form comes into effect!

Today, HMRC’s new regulations for companies to provide additional information to support their Research & Development (R&D) tax relief claims come into effect. As of 8 August, you must complete and submit an additional information form to HMRC to support all your claims.  

You need to file the additional information form before your Company’s Corporation Tax Return is filed.  If not, HMRC will remove your claim for R&D tax relief.

The timing of submissions is crucial. At JS, we provide a tailored R&D service, working with full-service clients as well as clients with third-party accountants.

If you’re not up to speed with the changes in legislation, your current R&D service isn’t working for you, or you need assistance with developing your R&D Tax Relief strategy, contact our specialist team at  js.tax@jsllp.co.uk, who will help you navigate the changes. 

Also, If you’re a third-party accountant seeking to revolutionise your R&D services and offer unparalleled value to your clients, look no further. Join us in a dynamic R&D service partnership that will elevate your expertise.  Our team of experts is eager to collaborate with you, combining our strengths to deliver exceptional R&D solutions. Reach out to us today at js.tax@jsllp.co.uk.