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HMRC advance assurance for SME R&D relief

Following consultation, HMRC has started offering its advance assurance process for small companies making their first research and development (R&D( relief claims.

Following consultation HMRC has started offering its advance assurance process for small companies making their first research and development (R&D( relief claims. Once it has accepted a company’s application HMRC will allow R&D relief claims for the first three accounting periods without further enquiries. For guidance see www.bit.ly/1MVQWo1.

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