In this article, we will look specifically at the impacts that the last 12 months (including yesterday’s announcement) of legislative changes have had and will have moving forward for innovative UK businesses claiming R&D Tax Reliefs.
Our client, an internationally accoladed innovator, at the forefront of AR/VR technology, received the dreaded, templated “we’re coming for you” letter in the post, signed by none other than the now well-known ‘R&D Tax Credits Compliance Team’.