Skip to content

Does HMRC offset my R&D tax credit against any outstanding taxes I owe?

In certain situations, you are allowed to offset your R&D tax credit against any outstanding taxes you owe. The reimbursements of tax and disbursements of tax credits through SME scheme and RDEC incentives can be influenced by legislation that allows HMRC to deduct the amount owed from any outstanding tax before disbursing the remaining balance to you. However, this exception applies if a formal tax payment deferral has been arranged.

Get Started

Our hassle-free and streamlined process is waiting for you to get started and to make you feel confident throughout your R&D claim application.
eBook RD tax credits ebook 2024

Your eBook guide to
R&D tax credits

Gain access to valuable insights from our experts in R&D tax credits, empowering you with essential information to ensure a successful claim, ultimately injecting funds back into your account.