Cash is king – how HMRC is helping R&D claimants
In these strange and uncertain times, cashflow is king. Helpfully, HMRC appreciates this and has provided a few helpful confirmations: The processing of claims is being prioritised – R&D tax credit and RDEC claims are currently being processed within 28 days of receipt (a few exceptions were noted that should be rectified by 20 April) HMRC will be sympathetic to late claims under the usual (SP5/01) process (but do still file asap) A few points of caution to note too:
Angela Browning
8 April 2020