Frequently Asked Questions (FAQ)

For Accountants

• Can you help my client prepare an R&D claim?

 

For Business Owners and Managers

• Can you work with my accountant?

 

R&D Schemes

• What is the SME scheme?
• What is the RDEC scheme?
• SME or RDEC? Which scheme to claim under?

 

Preparing a Claim

• Can I attach an R&D claim after submitting a corporate tax return (CT600)?
• How far back can I claim for R&D tax relief?
• Can I claim for freelancers and contractors expenses in relation to R&D?
• What are some common pitfalls in preparing a R&D claim?
• What costs qualify?
• When is the start and end of a project for R&D tax purposes?
• How do you calculate a tax credit for my R&D claim?

 

HMRC Claim Processing

• How quickly do HMRC process R&D tax claims?
• How do HMRC approach software claims?
• What do HMRC look for when assessing whether or not a project qualifies as R&D?
• What happens if HMRC makes an enquiry?

 

Claiming R&D in Future

• Do I need to show records of R&D costs?
• What is advance assurance?
• R&D tax relief and Brexit - what next?

 

About Radify

• Who founded Radify?
• Where are you based?
• What's the best way to contact you?