We can help you and your business to manage tax costs and risks and claim the reliefs and exemptions you are entitled to
HMRC’s new Advance Assurance for a small company’s first R&D Claim – we’ll do it for free!
In November 2015 HMRC launched an Advance Assurance program for small companies who are making their first R&D Tax Relief claim.
Advance Assurance is a voluntary and non-statutory scheme for companies that have already undertaken R&D and those who intend to undertake R&D. The program will focus on first time claimant smaller companies (turnover under £2m and fewer than 50 employees). Successful applicants will have assurance from HMRC that their first three years of R&D tax relief claims will be accepted.
HMRC piloted the Advance Assurance process in 2011 with 30 companies across the UK including one of our clients. Tait Walker successfully secured the Advance Assurance for our client in 2011 and so we are ideally placed to advise your company on what is involved in the process and what the Advance Assurance actually means for your company’s R&D claims.
If you engage Tait Walker to prepare your first three R&D claims we will secure your Advance Assurance free of charge!
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