Insights by Jonathan Yeomans
Changes to HMRC's published details of deliberate defaulters: what could this mean for R&D tax claimants?
HMRC's deliberate defaulters list may soon say why a taxpayer is on it, which could include identifying an R&D tax relief claim. What is changing, when, and what Adviser Radar asked HMRC to do.
Modernising the correction of errors: what the draft duty to correct means for R&D claimants
HMRC's draft legislation creates a statutory duty to correct an error once you know about it. Fail to correct, and the original error is treated as deliberate, whatever the behaviour was at the time. What that means for R&D claimants, and what Adviser Radar asked HMRC to change.
HMRC's proposed criminal offence for reckless untrue statements: what it means for R&D claims
HMRC is consulting on a new criminal offence of recklessly making an untrue statement in relation to direct tax, carrying up to two years imprisonment. It would apply across direct tax and could apply to any statement made to HMRC in an R&D claim, whether by the claimant or an adviser acting for them. The consultation closes on 16 August 2026.
R&D tax credit statistics by Jonathan Yeomans
HMRC R&D tax credit statistics 2026: September release (tax year 2024-25)
The statistics show fewer claims being made, with fewer new claimants, but more relief being claimed across the various R&D tax schemes. This is the first release to include the merged RDEC scheme and ERIS, and it shows the relief is being concentrated in fewer, larger claims.
HMRC R&D tax credit statistics 2025: September release (tax year 2023-24)
Relief claimed was relatively static at £7.6bn in 2023-24, while the number of claims fell by a quarter. These are the first HMRC figures to reflect the April 2023 rate changes.