Think using AI in your startup guarantees R&D tax credits? Think again. HMRC has tightened the rules, and many AI-driven claims are now being rejected—or worse, clawed back years later. Just applying AI isn’t enough; you must prove true technical uncertainty and advances in AI technology itself
Analysis of two recent Tribunal claims on R&D tax credits to determine why one succeeded and one failed - both provide important clues for the preparation of successful R&D tax claims
Recent HMRC Guidance in preparing R&D tax credit claims included some useful information on how companies should aim to document their R&D projects - perhaps AI holds the key...
HMRC latest statistics for the UK R&D Tax Relief were released on 28 September 2023 relating to claims submitted in 2021-2022. Here we share a summary of the key points.
The introduction of the AIF is a crucial change in the R&D tax credits application process. Without this form, your claim will not be considered valid by HMRC.
