by Adam Park | Jun 11, 2026 | Knowledge Bank
If your company has a December 2025 year-end and is making a first-time R&D tax relief claim — or your last R&D claim was made more than three years ago — you face a critical deadline: 30 June 2026. Miss it, and any R&D claim you submit for that accounting...
by Adam Park | May 31, 2026 | Knowledge Bank
RDEC and ERIS are two UK R&D tax relief schemes introduced under updated rules starting 1 April 2024. Here’s what you need to know: RDEC is for all companies (primarily large ones) and offers a 20% taxable credit, resulting in a net benefit of 15%–16.2%,...
by Adam Park | May 29, 2026 | Knowledge Bank
HMRC’s R&D tax credit processing times in 2026 are highly variable, ranging from weeks to over a year, depending on the claim type and complexity. Here’s what you need to know: Standard claims (e.g., profit-making SMEs): Typically processed in 4–6...
by Adam Park | May 28, 2026 | Knowledge Bank
Avoid these 5 common mistakes to ensure your RDEC claim is accurate and compliant: Misclassifying projects under the wrong scheme: Post-April 2024, most companies fall under the merged R&D scheme, except for SMEs meeting the ERIS criteria. Misclassification can...
by Adam Park | May 27, 2026 | Knowledge Bank
Filing an R&D tax relief claim isn’t just about identifying qualifying activities. You need solid, detailed records to back up your claim and meet HMRC’s strict requirements. Without proper documentation, your claim could face rejection or scrutiny....