by Mike Lewis | Nov 26, 2025
Budget’s third-largest tax pledge relies on UK tax authority that is suffering from recruitment delays and unfinished IT systems Just 26 of 6,700 extra compliance/debt staff promised by Chancellor are so far in post Decision to retain tax on digital...
by Claire Aston | Sep 27, 2024
Yesterday HMRC published its annual statistics on the tax relief for Research & Development (R&D) in the 2022-23 tax year. The main findings were: A fall in the number of claims made, down 21% to 65,690. Most of the fall was concentrated in the SME scheme,...
by Claire Aston | Sep 3, 2024
£2.2bn of tax relief paid to creative industry firms, half claimed by High End television productions in 2022-23. Claims up from £1.9bn the year before. Huge growth in High End television claim amounts, which have more than doubled in 3 years. Claims exceeding £2m per...
by Simon Watkins | Aug 14, 2024
HMRC accounts qualified again due to persistent large scale error and fraud in SME R&D scheme Levels of error and fraud falling, but remain a material issue for HMRC HMRC needs to address compliance without disincentivising legitimate claims Tax Reliefs need to...
by Claire Aston | Jul 20, 2023
£1.13bn – revised estimate of error and fraud in 2020-21 (previously £338m) 24.4% – revised rate of error and fraud in SME scheme (previously 5.5%) £1.05bn – estimated error and fraud in 2022-23 HMRC have finally published initial data from their random enquiry...
