by Claire Aston | Jan 7, 2025
Error and fraud within R&D tax relief reached £1.1bn in 2020-21 (24% of all claims) before HMRC took action to stem the losses and tighten up the claims processes. New disclosure facility launched for businesses who overclaimed R&D relief wanting to set their...
by Claire Aston | Nov 23, 2023
The fiscal event favourite, R&D tax reliefs, produced further conundrums for businesses and advisers and, therefore, HMRC. The government’s Autumn Statement 2023 confirmed the planned changes to the two main R&D tax relief schemes, which will create a...
by Alex Dunnagan | Apr 6, 2023
This piece on research and development tax relief was originally published in the R&D Tax Credit Insider newsletter on LinkedIn. What does the money achieve? R&D tax relief is an important government policy intended to incentivise businesses to incur...
by Alex Dunnagan | Dec 28, 2022
TaxWatch Acting Director Alex Dunnagan gave evidence to the Treasury Select Committee (TSC) on Monday 19th December highlighting the abuse of tax reliefs. Written evidence In November we submitted written evidence to the TSC for their inquiry on tax reliefs, focussing...
by Alex Dunnagan | Nov 2, 2021
On Wednesday 27 October, the Chancellor Rishi Sunak unveiled his Autumn Budget 2021. This budget was billed as one looking ahead to the “post-Covid” era, with a lot of focus on growth and the economic outlet. Numerous news outlets have covered the major stories coming...
