This past year has seen unforeseen legislative changes that will impact your R&D tax claims. Recently with CBILs and the furlough scheme as a direct result of COVID-19, and in addition the upcoming introduction of IR35 and off-payroll working. What these changes have in common is the impact they can have on a business making R&D claims and subsequently their cash flow as a result going forward.
- Have you made alterations to your business operations as a result of the pandemic?
- Do you have staff on furlough which included engineers or solutions teams?
- Due to the pandemic have your teams had to come up with innovative solutions to find a solution to an issue?
In collaboration with the Northern Automotive Alliance join us on 22 October where we will take a look at these changes and the impact they will have on R&D claims and highlight activities where more recently you might want to consider if you have not.