HMRC’s turnaround times for paying out claims reach pre-pandemic levels.

At the pandemic’s start in March 2020 HMRC immediately stepped up efforts to process and pay R&D claims quickly. Claims were paid out within 8 weeks. This carried on until the Christmas period, but since 2021 HRMC have slowed down dramatically. Some claims have been over a year in the system to be processed by […]

Autumn Budget Review – Key Changes to the UK R&D Tax Scheme

The Autumn Budget is a main event in the government’s yearly economic development, and in recent years has contained items of vital importance to the R&D tax relief initiative. But what were the key takeaways from Rishi Sunak’s most recent Budget?  During his speech, the Chancellor noted that “The latest figures show the UK has […]

A new ruling prevents HMRC from narrowing the scope of R&D tax relief

A recent First-Tier Tribunal (FTT) ruling potentially has big implications for companies that claim for R&D tax relief. The case, full details of which are yet to be published, means that QLC’s clients can continue to claim with confidence. The majority of claims for R&D tax relief are made using the Small and Medium Sized […]