Enquiry Defence
Regardless of how a claim has been submitted – by an internal team, accountants, or other advisers – it is important to recognise that there is always a possibility of an enquiry from HMRC (Her Majesty’s Revenue and Customs).
Given the changes on August 1st regarding the application process for R&D tax credits, this risk of an enquiry from HMRC becomes even more pertinent.
We take full responsibility for defending your claim
If you are facing an R&D tax enquiry, our dedicated Enquiry Defence team is here to help you secure the best possible outcome for your specific situation. We are on hand to assist businesses that have independently completed their tax returns or used an external provider.
HMRC enquiry timescales and limits
HMRC enquiries for R&D tax credits in the UK can be complex, requiring extensive evidence and consequences of these enquiries can impact future applications. These enquiries can be time-consuming to resolve, diverting resources from other important business activities.
Claim retractions
When it comes to enquiry defence for R&D tax relief, HMRC imposes certain claim restrictions. These restrictions may vary depending on the specific circumstances of each case. It is essential to ensure that your R&D tax relief claims comply with the guidelines set by HMRC to avoid potential claim restrictions or challenges during an enquiry.
Documentation requests
When submitting R&D tax credit applications to HMRC in the UK, it is important to be prepared for potential documentation requests.
HMRC may require specific documentation to support your claim and verify the eligibility of your R&D activities and associated costs.
ABGI UK has established an outstanding track record of successfully defending clients against tax authority examinations worldwide. Our team of experts is dedicated to collaborating with your technical and financial teams to address any queries raised by HMRC regarding your R&D tax relief claim.
✔ To meet HMRC’s requirements and strengthen your claim, our team will assist you in formulating compelling responses and providing any additional technical explanations necessary. We conduct a thorough investigation and make adjustments to supporting cost documentation, if required, before resubmitting it to HMRC.
✔ Our primary objective is to ensure that your claim is presented in the most robust manner possible. We offer comprehensive guidance, support, and preparation for HMRC calls and site visits, empowering you to navigate the process with confidence.
✔ In the event of an enquiry, we work closely with your accountant to create precise amended tax computations, ensuring accuracy and compliance throughout the process.
Click here to find out what to do if you receive an HMRC enquiry into your R&D tax credit claim. This guide outlines each step, from reviewing the letter to preparing your response.
Contact the ABGi Team, to find out how we can assist you through the
process and work towards the best resolution for your claim.
