The operational gap in R&D Tax: Where good claims break down

The global stage of innovation is once again shifting, and where Silicon Valley once dominated over all, other equally powerful regions are rising up to challenge it.

Sadiq Khan recently spoke out on the dynamic politics in the US and claimed it was a key reason why tech talent and VC is being driven to the UK in competition against Silicon Valley.

As more investment and talent are drawn to the UK, the volume of R&D activity carried out here will only grow, and with it, the number of businesses turning to R&D tax relief to fund that innovation.

But under the watchful eyes of HMRC, whose growing scrutiny is felt by all across the industry, the need for robust claims is more important than ever.

Head of Tax and Claim Operations at EmpowerRD.

R&D activity must be properly captured and evidenced, yet while the underlying innovation is real and...

Copyright of this story solely belongs to techradar.com. To see the full text click HERE