Deep Dive into… R&D (an update)

Our deep dive series of webinars are designed to look in more detail at issues facing businesses and individuals today.

In April this year, the UK merged R&D scheme was introduced for accounting periods commencing on or after 1 April 2024. It involves the amalgamation of two different schemes: the R&D tax relief scheme for SMEs (small and medium enterprises) and the RDEC (research and development expenditure credit) scheme for larger companies.

In our upcoming webinar, we will be discussing the recent changes to the R&D scheme, advising on making future claims along with the latest thoughts and advice regarding HMRC’s compliance.

Agenda

The team will discuss:

• HMRC volume compliance
  • • Enquiry numbers – PAC
    • HMRC evidence thresholds
    • Meetings / ADR / tribunal
    • Penalties
    • CIOT and ICAEW activity
    • What do we think HMRC are trying to do?
• Changes to the R&D scheme
  • • Pre-claim notification and AIF
    • Merged scheme
    • R&D intensive
    • Territorial restriction
    • Sub-contractor test
• Future claims
  • • Be prepared for an enquiry
    • More effort into claim preparation
    • Real time data and evidence collection
    • Don’t leave it too late

There will also be opportunities to ask questions to our panel experts.

The panel

Stuart Rogers, partner – Chair

David Wase, senior manager

Rob Waterhouse, manager

To register, please click here.