Is it possible for my accountant to handle my R&D tax claim on my behalf?
The claim process>
Your accountant may be able to support your R&D tax relief claim, particularly if they have experience with:
- The current legislation
- HMRC’s guidance
- The R&D tax credit claim submission process
With changes to the legislation over recent years, it is important that anyone preparing or reviewing a claim is familiar with the latest requirements for claiming R&D tax relief.
Preparing an R&D tax credit claim often requires more than identifying qualifying costs. It also involves understanding your industry, the technical challenges your projects sought to overcome, and how those activities align with HMRC’s definition of qualifying R&D. This helps ensure that eligible expenditure is identified accurately and that the supporting information clearly explains the basis of the claim.
At Alexander Clifford, we value collaboration and are more than willing to work closely with your accountant to maximise your company’s R&D claim. This collaborative approach allows accountants to continue supporting their clients while ensuring the claim is prepared with the level of technical and legislative knowledge that HMRC expects.
Please don’t hesitate to get in touch to learn more about how we work with accountants and support businesses throughout the R&D tax relief claim process.