{"id":4883,"date":"2023-07-19T15:49:52","date_gmt":"2023-07-19T14:49:52","guid":{"rendered":"https:\/\/www.goodmanjones.com\/blog\/?p=4883"},"modified":"2023-07-19T15:49:52","modified_gmt":"2023-07-19T14:49:52","slug":"rd-tax-claim-changes-coming-in-on-1st-august","status":"publish","type":"post","link":"https:\/\/www.goodmanjones.com\/blog\/rd-tax-claim-changes-coming-in-on-1st-august\/","title":{"rendered":"R&#038;D Tax Claim changes coming in on 1st August"},"content":{"rendered":"<p>if you&#8217;ve been investing in innovation and are planning on making a claim for <a href=\"https:\/\/www.goodmanjones.com\/services\/business-tax\/tax-reliefs\/randd-tax-credits\">R&amp;D tax relief<\/a>, there are some significant changes coming into effect from 1<sup>st<\/sup> August.\u00a0 Make sure you\u2019re up to speed with the requirements for the new additional information form.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-4884 alignright\" src=\"https:\/\/www.goodmanjones.com\/blog\/wp-content\/uploads\/2023\/07\/iStock-957562848-300x197.jpg\" alt=\"\" width=\"300\" height=\"197\" srcset=\"https:\/\/www.goodmanjones.com\/blog\/wp-content\/uploads\/2023\/07\/iStock-957562848-300x197.jpg 300w, https:\/\/www.goodmanjones.com\/blog\/wp-content\/uploads\/2023\/07\/iStock-957562848-1024x672.jpg 1024w, https:\/\/www.goodmanjones.com\/blog\/wp-content\/uploads\/2023\/07\/iStock-957562848-768x504.jpg 768w, https:\/\/www.goodmanjones.com\/blog\/wp-content\/uploads\/2023\/07\/iStock-957562848-624x409.jpg 624w, https:\/\/www.goodmanjones.com\/blog\/wp-content\/uploads\/2023\/07\/iStock-957562848.jpg 1264w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>It will:<\/p>\n<ul>\n<li>Need to be submitted electronically (where exemptions don\u2019t apply)<\/li>\n<li>Need to be signed by a Senior Officer from the claimant company, including the name of the agent who advised on the claim<\/li>\n<li>Need to include a breakdown of costs in the claim (this form is to go in, alongside an R&amp;D technical report, which will still be used to showcase the methodologies and cost sampling techniques)<\/li>\n<li>If not filed alongside the claim, HMRC will have the power to remove the claim from the Companies tax return<\/li>\n<li>This is in addition to notifying HMRC that you plan to make a claim for accounting periods post 1<sup>st<\/sup> April 2023 (if you are claiming for the first time or your last claim was 3 years before the last date of the claim notification period).<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>if you&#8217;ve been investing in innovation and are planning on making a claim for R&amp;D tax relief, there are some significant changes coming into effect from 1st August.\u00a0 Make sure you\u2019re up to speed with the requirements for the new additional information form. It will: Need to be submitted electronically (where exemptions don\u2019t apply) Need[&#8230;] <\/p>\n<div class=\"brown_button\"><a class=\"more-link\" href=\"https:\/\/www.goodmanjones.com\/blog\/rd-tax-claim-changes-coming-in-on-1st-august\/\">Read More<\/a><\/div>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[884,1028,16,11],"tags":[],"class_list":["post-4883","post","type-post","status-publish","format-standard","hentry","category-business-tax","category-rd","category-tax","category-uk-business-entrepreneurs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>R&amp;D Tax Claim changes coming in on 1st August<\/title>\n<meta name=\"description\" content=\"There are some significant changes for R&amp;D claims coming into effect from 1st August.\u00a0 Make sure you\u2019re up to speed with the requirements for the new additional information form.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.goodmanjones.com\/blog\/rd-tax-claim-changes-coming-in-on-1st-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"R&amp;D Tax Claim changes coming in on 1st August\" \/>\n<meta property=\"og:description\" content=\"There are some significant changes for R&amp;D claims coming into effect from 1st August.\u00a0 Make sure you\u2019re up to speed with the requirements for the new additional information form.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.goodmanjones.com\/blog\/rd-tax-claim-changes-coming-in-on-1st-august\/\" \/>\n<meta property=\"og:site_name\" content=\"London Chartered Accountants Blog | Goodman Jones London Accountants\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-19T14:49:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.goodmanjones.com\/blog\/wp-content\/uploads\/2023\/07\/iStock-957562848-300x197.jpg\" \/>\n<meta name=\"author\" content=\"Graeme Blair - 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