One of the most important aspects when making an R&D Tax Relief claim is timeframes. Not only are there strict deadlines, but depending on your business circumstances there is an optimum time to make your claim. The last thing you want is to miss out on maximising your R&D Claim, or even worse lose out on claiming altogether!
Let’s find out those all important dates, and make sure you never miss out on money that belongs back in your business.
WHAT IS THE DEADLINE FOR MAKING AN R&D CLAIM?
The hard and fast deadline for making a claim is two years AFTER the end of the accounting year in which you incurred the costs. Pass this date and it’s game over….the money has gone.
But let’s take a look at the exceptions to the rule, as these could come in handy for you one day. Although with us, you shouldn’t need them…