We use cookies to personalise content, provide social media features, and analyse traffic.
To disable cookies, this can be configured via the web browser. However this can limit your experience with our website.
How you make an R&D claim will largely be dictated by timing.
Its possible to make a claim up to two years after the end of the relevant accounting period. After this point – you won’t be able to make a claim for R&D relief.
It is possible therefore to make an historic claim based on past qualifying expenditure by amending and resubmitting your tax return. A successful claim should result in a cash payment to your business.
You can also make an in-year claim or by providing the required information along with your original tax return. Relief is given in the form of a reduced tax bill, as opposed to a cash payment, assuming you are profit-making.
ETC Tax are experienced in handling client’s claims from start to finish. Get in touch if you have any queries.