What happens if I have no records of my R&D activities?
HMRC enquiries>
Many businesses aren’t aware that their projects contain qualifying R&D activities until part way through the project, meaning they’ve not kept relevant documentation while completing their project.
HMRC therefore understands that not all R&D activity will be recorded (especially for first time claimants) and they keep this in mind when checking the validity of your claim.
Where possible, it is advised to reconstruct documents by piecing together various segments of information relevant to your R&D tax credit claim. Click here to understand what documents you will need for your claim.