Explore HMRC's new voluntary disclosure rules for fraudulent R&D tax claims.
Research and Development (R&D) tax credit claimants have come under increasing scrutiny by HMRC in recent years as the number of fraudulent claims being made has become evident. The new year saw HMRC encourage voluntary disclosure through their new ‘Tell HMRC if you've claimed too much Research and Development (R&D) tax relief’ guidance, in exchange for potentially lower penalties where mistakes have been made.
Taxation magazine took time out to speak to John Lewis, one of our Senior Tax Consultants, about HMRC’s new initiative. John was as knowledgeable as ever and you can read his insightful opinions here.
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