Jesminara Rahman examines changes in Research and Development tax credits and the Alternative Dispute Resolution (ADR) process.
The tax landscape of Research & Development (R&D) has become hostile in the past few years with red lines inserted regarding certain technical principles as no-go areas for HMRC with ‘Do not pass’ signs. HMRC used to have the approach of process first and check later, but it now has become check and reject.
There appears to be three main hurdles that have to be crossed for an R&D claim (subjected to a tax investigation) to be accepted and the stumbling block appears to be mainly at the second hurdle and third hurdle.
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