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Published on 25 January, 2024
In this Taxation Magazine article, Duncan Edwards, senior tax manager at Markel Tax, discusses some of the challenges with submitting research and development (R&D) tax relief claims, particularly for software projects.
Duncan provides insights on the intricacies of qualifying aspects of software development, the necessity for clear and comprehensible project descriptions, the importance of technical documentation, and the potential impact of inaccuracies in financial details.
The article includes detailed use cases, offering interesting examples to support those looking to make a claim.
Read the article here.
Find out more about Markel’s R&D offering.