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MSC R&D Blog

So, you are thrilled with the money you’re claiming back for R&D and you’re geared up for annual claims in the future.

In R&D Tax Credit terms, the definition of a ‘Successful’ claim is one that is both optimised and compliant. Just ‘winging it’ with a claim is a bit like driving a car with no insurance – not a problem till you have an accident (or in this case a HMRC […]

In R&D Tax Credit terms, the definition of a ‘Successful’ claim is one that is both optimised and compliant. Just ‘winging it’ with a claim is a bit like driving a car with no insurance – not a problem till you have an accident (or in this case a HMRC […]

In the run up to Brexit both the UK Government and the EU have tried to give some clarity to business on the subject of grants for R&D.  The UK has stressed its commitment to industrial R&D nationally throughout the process and with respect to Horizon 2020 announced funding  guarantees […]

In November 2018 MSC R&D achieved recertification of ISO 9001:2015 for the UK. SO WHAT?

“Thank you for all your efforts especially within the timescales. There is no comparison between this report(s) and those submitted previously by our accountants, the quality, narrative and explanations of your claim are in another league.”

In R&D Tax Credit terms, the definition of a ‘Successful’ claim is one that is both optimised and compliant. Just ‘winging it’ with a claim is a bit like driving a car with no insurance – not a problem till you have an accident (or in this case a HMRC […]

Blackbay is the leading provider of mobility enabled-solutions for the transport and logistics’ industry.

With the number of SMEs claiming R&D Tax Credits more than doubling between 2013-14 (15,585) and 2016-17 (34,060), and with an average claim value of c£54,000, it is clear that awareness of this attractive scheme and its benefits continues to increase, which is good news for the economy.

HMRC do not publicise their criteria for selecting R&D claims for enquiry, nor their frequency. But it is clear the selection process combines a risk-matrix approach: How much tax may be at stake How likely is the claim to be correct Combine these two points with several randomly selected enquiries […]