Merged R&D Scheme: Key Information Announced in the Autumn Statement of 2023, the merged R&D tax relief scheme will take effect for accounting periods starting on or after April 1, 2024. This new scheme marks a substantial shift in R&D tax incentives within a brief period. Therefore, it is crucial for your business to comprehend…

HMRC Compliance Impact on R&D Tax Claimants In the face of ongoing economic uncertainties in 2024, businesses are increasingly reliant on R&D tax credits to fuel innovation and maintain competitiveness. This white paper examines the latest HMRC compliance statistics and their implications for R&D tax claimants, emphasising the need to adopt an in-year approach as…