From the 8th August 2023, all R&D claims (SME & RDEC), must now be supported by the completion of an Additional Information Form, before submitting the company’s R&D tax credit claim electronically to HMRC with the company’s corporation tax return.
If an Additional Information Form is not submitted before the company’s R&D claim, HMRC will remove the R&D tax credit claim from the company’s corporation tax return.
Company Details
Contact Details
Accounting period start and end dates
Qualifying direct expenditure details
Qualifying Indirect Expenditure
Scientific and technical information services, indirect supporting activities, R&D training, some feasibility studies, university research and scientific or technological testing research.
Project Descriptions
The Additional Information Form requires you to give a brief description of the following elements of each R&D project:
How many projects do you need to describe in the Additional Information Form?
For more details on what is required, visit HMRC’s Guidance on the Additional Information Form.
To address HMRC’s request for additional information and to simplify the process as much as we can, we have extended our service with a new procedure that will involve the following steps:
We hope that these improvements will streamline this new step for our clients and their accountants, and facilitate smooth R&D submissions to the HMRC.
£7.6 Billion in R&D Tax Credits in 2021/22