Can you amend your historic R&D claims for a recent change in HMRC policy for reimbursed expenses?

04 August 2017

Qualifying costs for Research & Development (R&D) claims include employee salaries, NICs etc. for personnel undertaking R&D.  The inclusion of reimbursed expenses for travel, mileage etc. has historically been uncertain, but HMRC has now confirmed that such costs can qualify, changing its position.  

There is a limited window between now and 31 January 2018 for companies to amend prior year (R&D) claims (outside of the normal time limits) to include reimbursed expenses.  HMRC has confirmed that retrospective amendments to R&D claims may be made to include reimbursed expenses where companies have previously excluded these costs as a result of incorrect guidance published by HMRC on the 8 October 2014.

This opportunity applies to R&D claims for accounting periods ending between 9 October 2012 and 31 January 2016, if the original R&D claim for that period was made on or after 9 October 2014.

  • We are working with a number of companies to enhance their existing R&D claims for reimbursed expenses, as well as other missed qualifying costs both SMEs and large company claimants.  One such company has identified over £1m of potential costs - giving c.£100k of benefit to them.

The deadline by which retrospective claims must be received by HMRC is 31 January 2018 so one to look at sooner rather than later perhaps.



Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Comments are moderated and will not appear until the author has approved them.