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16 September 2024
How to deal with an HMRC enquiry into R&D claims.
Enquiries by HMRC into research and development (R&D) claims have increased and so it is important to know how to deal with them. Enquiries can take a number of forms:
- extra scrutiny on claims before the payment is made (rather than a pay-now-check-later system);
- challenging claims through opening formal enquiries/compliance checks;
- using its fraud investigations team to contact companies where claims may have been made incorrectly; and
- undertaking criminal investigations which can lead to prosecution.
If you or a client receives a letter from HMRC opening an enquiry don’t panic! It is very unlikely that the claimant company has been deliberately targeted.
- Check that the enquiry is valid. HMRC has between 12-15 months to open a valid enquiry into an R&D claim.
- An additional information form is now a statutory requirement and a good adviser will submit a supplementary detailed report. If the enquiry begins with a...
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Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
