Posts Tagged: HMRC

consultation / R&D — No Comments
5
Aug 11

UK: Draft guidance on R&D relief for production costs

Three months late (it was promised for mid-May), the draft of the revised HMRC guidance at CIRD81350 on “production” for the purposes of the R&D tax reliefs has finally been published (PDF).

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R&D — No Comments
17
Aug 09

UK: revised R&D calculator for SMEs

HMRC has published a revised R&D tax credit claim template (note: link is to the Excel template, not a webpage) for SMEs, taking into account the changes to R&D reliefs on 1 August 2008 (so it only took them a year and 10 days to recode the template …)

tax authorities — No Comments
22
Jan 09

HMRC+IT=WTF

It took HMRC 19 days to figure out that there was a problem and, three days later, they still don’t know how to deal with it.  The problem is, of course, IT-related.  In this case, the online self-assessment system for individuals is still merrily allowing people to opt to have underpaid tax recovered through their PAYE code rather than hand over a cheque to HMRC.  This option was supposed to end on 30 December but the IT system at HMRC refuses to accept that and no-one’s figured out where in the code the off-switch for this option is.

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R&D — No Comments
21
Jan 09

HMRC: updates to CIRD manual – larger SMEs etc

HMRC published a number of changes to the Corporate Intangibles Research and Development (CIRD) manual on January 16th.  Most of the updates are minor changes, but there is some useful substantive guidance added on the changes brought in on 1 August 2008 regarding larger SMEs, dealing with a company moving from large to SME status as a result.

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