ISBC R&D enquiry – common sense prevails at last!
Hundreds of #SMEs have suffered R&D claim enquiries conducted poorly by #HMRC’s Individual and Small Business Compliance (‘ISBC’) team. Bright R&D Limited took on the fight for one company when the value didn’t justify charging fees because it was the right thing to do. The claim related to research and development in health supplements. HMRC’s view of the matter letter of 15 December 23 confirmed that, based on the “clear explanations” provided on 10 November 2022 the project qualified. Good
Angela Browning
11 January 2024